LTF
L&T Finance Ltd
₹165.23
L&T Finance Ltd Dividend 2024 : Should L&T Finance Ltd be a part of your dividend portfolio?
L&T Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹41,191.75Cr. Its share price is ₹165.23 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, L&T Finance Ltd gave ₹4.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as L&T Finance Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, L&T Finance Ltd has declared dividend of ₹2.50 - translating a dividend yield of 2.72%.
Let's look at L&T Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- L&T Finance Ltd’s revenue were ₹3,784.61Cr in the quarter ending June 2024. The revenue grew by 12.08% year on year basis since last quarter.
- L&T Finance Ltd’s profits were ₹685.51Cr in the quarter ending June 2024. The profits grew by 29.11% year on year basis since last quarter.
- L&T Finance Ltd’s dividend was ₹2.50 in the quarter ending March 2024.
L&T Finance Ltd Dividend related ratios:
- Last dividend date: 27/04/2024
- Current Dividend Yield: 2.72%
- Annual dividend payment: ₹4.50
History of L&T Finance Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/06/2024 | CASH | ₹2.50 | 27/04/2024 | 18/06/2024 |
21/07/2023 | CASH | ₹2 | 08/06/2023 | 21/07/2023 |
01/07/2022 | CASH | ₹0.50 | 29/04/2022 | 04/07/2022 |
26/03/2020 | CASH | ₹0.90 | 20/03/2020 | 28/03/2020 |
19/07/2019 | CASH | ₹1 | 27/04/2019 | 23/07/2019 |
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