Larsen & Toubro Ltd

₹3,629.85

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 ₹4,99,254.93Cr. Its share price is ₹3,629.85 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Larsen & Toubro Ltd gave ₹58 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 March 2024, Larsen & Toubro Ltd has declared dividend of ₹28 - translating a dividend yield of 1.60%.

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 ₹62,655.85Cr in the quarter ending September 2024. The revenue grew by 20.13% year on year basis since last quarter.
Larsen & Toubro Ltd’s profits were ₹3,395.29Cr in the quarter ending September 2024. The profits grew by 5.36% year on year basis since last quarter.
Larsen & Toubro Ltd’s dividend was ₹28 in the quarter ending March 2024.

Larsen & Toubro Ltd Dividend related ratios:

Last dividend date: 08/05/2024
Current Dividend Yield: 1.60%
Annual dividend payment: ₹58

History of Larsen & Toubro Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
20/06/2024	CASH	₹28	08/05/2024	20/06/2024
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