L&T Technology Services Limited provides engineering, research, and development (ER&D) services in North America, Europe, India, and internationally. Its Transportation segment offers engineering services and solutions to transportation industry that includes original equipment manufacturers (OEM) and Tier 1 suppliers in automotive, trucks and off-highway vehicles, aerospace, rail, and polymer industries. The company's Industrial Products segment helps OEM customers in building automation, home and office products, energy, process control, and machinery sectors. This segment offers product development counsel, software expertise, electronics, connectivity, mechanical engineering, industrial networking protocols, user interface/user experience, test frameworks, and enterprise control solutions. Its Telecom & Hi-Tech segment offers embedded software design and development, hardware platform design and development, product maintenance, enhancement and sustenance, testing and validation, system integration for communication and related solutions, and systems and field implementation services to OEM/ODMs, chipset vendors, telecom carriers, and ISVs. The company's Plant Engineering segment provides end to end engineering services for chemical, consumer packaged goods, and energy and utility sector clients. Its Medical Devices segment delivers solutions in diagnostic, life sciences, surgical, cardiovascular, home healthcare, general medical, and other devices to medical device OEMs. The company was formerly known as L&T Technology and Engineering Services Company Limited and changed its name to L&T Technology Services Limited in July 2012. The company was incorporated in 2012 and is based in Vadodara, India. L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited.
L&T Technology Services Dividend Announcement
• L&T Technology Services announced a semi annually dividend of ₹17.00 per ordinary share which will be made payable on 2024-11-15. Ex dividend date: 2024-10-25
• L&T Technology Services annual dividend for 2024 was ₹50.00
• L&T Technology Services annual dividend for 2023 was ₹47.00
• L&T Technology Services's trailing twelve-month (TTM) dividend yield is 0.93%
• L&T Technology Services's dividend growth over the last five years (2018-2023) was 19.24% year
L&T Technology Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-25 | ₹17.00 | semi annually | 2024-11-15 |
| 2024-06-14 | ₹33.00 | semi annually | 2024-07-26 |
| 2023-10-27 | ₹17.00 | semi annually | 2023-11-16 |
| 2023-07-07 | ₹30.00 | semi annually | 2023-08-17 |
| 2022-10-27 | ₹15.00 | semi annually | 2022-11-17 |
| 2022-07-07 | ₹15.00 | semi annually | 2022-08-14 |
| 2022-01-25 | ₹10.00 | semi annually | 2022-02-10 |
| 2021-10-26 | ₹10.00 | semi annually | 2021-11-10 |
| 2021-07-08 | ₹14.50 | semi annually | 2021-08-15 |
| 2020-10-26 | ₹7.50 | semi annually | 2020-11-18 |
| 2020-07-08 | ₹13.50 | semi annually | 2020-08-16 |
| 2019-10-30 | ₹7.50 | semi annually | 2019-11-10 |
| 2019-07-11 | ₹13.50 | semi annually | 2019-08-19 |
| 2018-11-01 | ₹7.50 | semi annually | 2018-11-17 |
| 2018-08-13 | ₹12.00 | semi annually | 2018-08-24 |
| 2017-11-14 | ₹4.00 | semi annually | 2017-11-25 |
| 2017-08-14 | ₹4.00 | semi annually | 2017-08-24 |
| 2016-11-21 | ₹3.00 | semi annually | 2016-11-30 |
L&T Technology Services Dividend per year
L&T Technology Services Dividend growth
L&T Technology Services Dividend Yield
L&T Technology Services current trailing twelve-month (TTM) dividend yield is 0.93%. Interested in purchasing L&T Technology Services stock? Use our calculator to estimate your expected dividend yield:
L&T Technology Services Financial Ratios
P/E ratio43.59
PEG ratio0.48
P/B ratio10.16
ROE24.67%
Payout ratio0.00%
Current ratio2.68
Quick ratio2.68
Cash Ratio0.38
L&T Technology Services Dividend FAQ
How much is the next L&T Technology Services dividend?
L&T Technology Services's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next L&T Technology Services dividend. The next L&T Technology Services dividend will be released in July, or October.
When is L&T Technology Services dividend paid?
L&T Technology Services pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does L&T Technology Services pay?
The specific amount of L&T Technology Services dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find L&T Technology Services's dividend history.
Does L&T Technology Services stock pay dividends?
Yes, L&T Technology Services does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find L&T Technology Services's dividend history.
How much dividend does L&T Technology Services pay?
L&T Technology Services paid ₹50.0 in 2024, ₹47.0 in 2023, ₹40.0 in 2022, ₹24.5 in 2021, and ₹21.0 in 2020.
How often does L&T Technology Services pay dividends?
L&T Technology Services typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July, and October.
What is L&T Technology Services's dividend yield?
The current dividend yield for L&T Technology Services is 0.93%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate L&T Technology Services's exact dividend yield.
When does L&T Technology Services go ex dividend?
L&T Technology Services's ex-dividend date for the latest dividend was on 2024-10-25. L&T Technology Services typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next L&T Technology Services dividend paid?
L&T Technology Services pays dividends on a semi annually basis, typically around July, or October, but the exact dates can vary each year.
Will L&T Technology Services increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether L&T Technology Services will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is L&T Technology Services dividend per share?
L&T Technology Services paid ₹50.0 per share in 2024 and ₹47.0 per share in 2023. The amount of dividend per share that L&T Technology Services pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is L&T Technology Services a dividend aristocrat?
No, 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 Technology Services a dividend king?
No, 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 Technology Services a dividend stock?
Yes, L&T Technology Services is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is L&T Technology Services a good dividend stock?
Whether L&T Technology Services is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. L&T Technology Services has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating L&T Technology Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating L&T Technology Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does L&T Technology Services pay dividends monthly?
L&T Technology Services typically pays dividends on a semi annually basis.
Does L&T Technology Services pay dividends quarterly?
L&T Technology Services currently pays dividends on a semi annually basis.
Has L&T Technology Services ever paid a dividend?
Yes, L&T Technology Services has a history of paying dividends to its shareholders. L&T Technology Services is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy L&T Technology Services dividend stocks?
To buy L&T Technology Services 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy L&T Technology Services 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.
Place an order: Use the brokerage's trading platform to place an order to buy L&T Technology Services 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.
When does L&T Technology Services pay dividends 2024?
L&T Technology Services pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will L&T Technology Services increase its dividend in 2024?
Decisions regarding L&T Technology Services dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date L&T Technology Services dividend overview you can look into the above table of dividend history.
How L&T Technology Services dividend works?
The L&T Technology Services dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how L&T Technology Services's dividend process works:
1. Determination of Dividend: L&T Technology Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, L&T Technology Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, L&T Technology Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from L&T Technology Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: L&T Technology Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, L&T Technology Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, L&T Technology Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from L&T Technology Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are L&T Technology Services dividends paid?
L&T Technology Services dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: L&T Technology Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, L&T Technology Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: L&T Technology Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: L&T Technology Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, L&T Technology Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: L&T Technology Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does L&T Technology Services pay dividends?
L&T Technology Services typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does L&T Technology Services pay dividends?
The general pattern is that L&T Technology Services pays dividends around July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is L&T Technology Services dividend safe?
The safety of L&T Technology Services's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of L&T Technology Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review L&T Technology Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of L&T Technology Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review L&T Technology Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.