L&T Finance (L&TFH.NS) Dividend: History, Dates & Yield - 2024
Dividend History
L&T Finance announced a annually dividend of ₹2.00 per ordinary share, payable on , with an ex-dividend date of 2023-07-21. L&T Finance typically pays dividends one times a year.
Find details on L&T Finance's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-07-21 | ₹2.00 | annually | |
2022-07-01 | ₹0.50 | annually | |
2020-03-26 | ₹0.84 | annually | 2019-12-10 |
2019-07-19 | ₹0.93 | annually | 2019-03-12 |
2018-08-20 | ₹0.93 | annually | 2018-03-13 |
2017-08-18 | ₹0.74 | annually | 2017-03-14 |
2016-08-12 | ₹0.74 | annually | 2016-03-14 |
2015-09-01 | ₹0.74 | annually | 2015-03-13 |
2014-07-18 | ₹0.70 | annually | 2014-03-14 |
2013-07-26 | ₹0.70 | annually | 2013-03-15 |
Dividend Increase
. In comparison, M&MFIN.NS has seen an average growth rate of 67.33% over the past five years and Federal Bank's growth rate was 24.54%.
By comparing L&T Finance's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
L&T Finance's current trailing twelve-month (TTM) dividend yield is nan%. Over the last 12 months, L&T Finance has maintained this yield, but how does it compare to similar stocks? For example, M&MFIN.NS offers a yield of 2.33%, while Federal Bank provides a yield of 0.61%. Comparing similar stocks can help investors assess L&T Finance's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
L&T Finance (L&TFH.NS) | NaN% | ₹2 | ₹164.95 |
M&MFIN.NS (M&MFIN.NS) | 2.33% | $6.3 | $271.35 |
Federal Bank (FEDERALBNK.NS) | 0.61% | ₹1.2 | ₹193.5 |
Dividend Yield Calculator
Interested in purchasing L&T Finance stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
L&T Finance has a payout ratio of 0.00%. In comparison, M&MFIN.NS has a payout ratio of 0.00%, while Federal Bank's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About L&T Finance
- Global presence The company operates in multiple countries worldwide
- Key segments The company has a diversified portfolio of products/services across various industries
- Products/services The company offers a range of highquality products/services in sectors such as technology, healthcare, and consumer goods
- Financial stability The company has a strong financial track record with consistent revenue growth and healthy cash flow
- Dividend history The company has a history of paying steady dividends to shareholders, making it an attractive option for dividend investors.
Frequently Asked Question
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.
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