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L&T Finance Holdings Limited, a non-banking financial company, provides various financial solutions in India. The company operates through Rural Finance, Housing Finance, Infrastructure Finance, Defocused Business, and Others segments. The Rural Finance segment offers farm equipment finance, two-wheeler finance, and consumer finance services, as well as micro loans. The Housing Finance segment provides home loans, loans against property, and real estate finance services. The Infrastructure Finance segment offers infra finance services. The Defocused Business segment provides structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, SME term loans, and leasing services. The Others segment offers asset management services, etc. The company was formerly known as L&T Capital Holdings Limited. L&T Finance Holdings Limited was incorporated in 2008 and is headquartered in Mumbai, India. L&T Finance Holdings Limited is a subsidiary of Larsen & Toubro Limited.

L&T Finance Dividend Announcement

• L&T Finance announced a annually dividend of ₹2.00 per ordinary share which will be made payable on . Ex dividend date: 2023-07-21
• L&T Finance annual dividend for 2023 was ₹2.00
• L&T Finance's trailing twelve-month (TTM) dividend yield is -%

L&T Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-07-21₹2.00annually
2022-07-01₹0.50annually
2020-03-26₹0.84annually2019-12-10
2019-07-19₹0.93annually2019-03-12
2018-08-20₹0.93annually2018-03-13
2017-08-18₹0.74annually2017-03-14
2016-08-12₹0.74annually2016-03-14
2015-09-01₹0.74annually2015-03-13
2014-07-18₹0.70annually2014-03-14
2013-07-26₹0.70annually2013-03-15

L&T Finance Dividend per year

L&T Finance Dividend growth

L&T Finance Dividend Yield

L&T Finance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing L&T Finance stock? Use our calculator to estimate your expected dividend yield:

L&T Finance Financial Ratios

P/E ratio17.66
PEG ratio13.67
P/B ratio1.75
ROE10.36%
Payout ratio0.00%
Current ratio4.03
Quick ratio4.03
Cash Ratio3.83

L&T Finance Dividend FAQ

Does L&T Finance stock pay dividends?
L&T Finance does not currently pay dividends to its shareholders.
Has L&T Finance ever paid a dividend?
No, L&T Finance has no a history of paying dividends to its shareholders. L&T Finance is not known for its dividend payments.
Why doesn't L&T Finance pay dividends?
There are several potential reasons why L&T Finance would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will L&T Finance ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While L&T Finance has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is L&T Finance a dividend aristocrat?
L&T Finance is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is L&T Finance a dividend king?
L&T Finance is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is L&T Finance a dividend stock?
No, L&T Finance is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy L&T Finance stocks?
To buy L&T Finance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy L&T Finance stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.