LT
Larsen & Toubro Ltd
₹3,518.35
Larsen & Toubro Ltd Dividend 2024 : Should Larsen & Toubro Ltd be a part of your dividend portfolio?
Larsen & Toubro Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹4,88,137.95Cr. Its share price is ₹3,518.35 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Larsen & Toubro Ltd gave ₹30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as Larsen & Toubro Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2023, Larsen & Toubro Ltd has declared dividend of ₹6 - translating a dividend yield of 0.85%.
Let's look at Larsen & Toubro Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Larsen & Toubro Ltd’s revenue were ₹55,965.57Cr in the quarter ending December 2023. The revenue grew by 18.37% year on year basis since last quarter.
- Larsen & Toubro Ltd’s profits were ₹2,947.36Cr in the quarter ending December 2023. The profits grew by 15.45% year on year basis since last quarter.
- Larsen & Toubro Ltd’s dividend was ₹6 in the quarter ending June 2023.
Larsen & Toubro Ltd Dividend related ratios:
- Last dividend date: 25/07/2023
- Current Dividend Yield: 0.85%
- Annual dividend payment: ₹30
History of Larsen & Toubro Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
02/08/2023 | CASH | ₹6 | 25/07/2023 | 02/08/2023 |
02/08/2023 | CASH | ₹24 | 10/05/2023 | 02/08/2023 |
21/07/2022 | CASH | ₹22 | 12/05/2022 | 22/07/2022 |
28/07/2021 | CASH | ₹18 | 14/05/2021 | 30/07/2021 |
04/11/2020 | CASH | ₹18 | 28/10/2020 | 05/11/2020 |
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