Larsen & Toubro Limited engages in engineering, construction, and manufacturing operations worldwide. The Infrastructure segment engineers and constructs building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and metallurgical and material handling systems. The Hydrocarbon segment provides engineering, procurement, and construction solutions for the oil and gas industry. The Power segment offers turnkey solutions for coal-based and gas-based thermal power plants, including power generation equipment with associated systems and balance-of-plant packages. The Heavy Engineering segment manufactures and supplies custom designed, engineered critical equipment and systems to the fertilizer, refinery, petrochemical, chemical, oil and gas, and thermal and nuclear power industries. The Defence Engineering segment designs, develops, produces, and supports equipment, systems, and platforms for the defense and aerospace sectors. This segment also designs, constructs, and repairs/refits defense vessels. The Others segment engages in the realty, smart world, and communication businesses, including military communications; marketing and servicing of construction and mining machinery and parts; and manufacturing and sale of rubber processing machinery. This segment also operates digital platforms, such as SuFin for B2B e-commerce; and EduTech for higher education and professional skilling. The company was founded in 1938 and is headquartered in Mumbai, India.
Larsen & Toubro Dividend Announcement
• Larsen & Toubro announced a annually dividend of ₹28.00 per ordinary share which will be made payable on 2024-08-03. Ex dividend date: 2024-06-20
• Larsen & Toubro annual dividend for 2024 was ₹28.00
• Larsen & Toubro annual dividend for 2023 was ₹6.00
• Larsen & Toubro's trailing twelve-month (TTM) dividend yield is 0.77%
• Larsen & Toubro's dividend growth over the last five years (2018-2023) was -17.81% year
• Larsen & Toubro's dividend growth over the last ten years (2013-2023) was -6.95% year
Larsen & Toubro Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-20 | ₹28.00 | annually | 2024-08-03 |
| 2023-08-02 | ₹6.00 | annually | 2023-08-14 |
| 2022-07-21 | ₹22.00 | annually | 2022-08-08 |
| 2021-07-28 | ₹18.00 | annually | 2021-08-21 |
| 2020-11-04 | ₹18.00 | annually | 2020-11-27 |
| 2020-08-05 | ₹8.00 | annually | 2020-08-17 |
| 2020-03-24 | ₹10.00 | annually | 2020-04-17 |
| 2019-07-24 | ₹18.00 | annually | 2019-08-05 |
| 2018-08-14 | ₹16.00 | annually | 2018-08-27 |
| 2017-08-11 | ₹14.00 | annually | 2017-08-24 |
| 2017-07-13 | ₹21.00 | annually | |
| 2016-08-18 | ₹18.25 | annually | 2016-08-30 |
| 2015-09-01 | ₹16.25 | annually | |
| 2014-08-13 | ₹14.25 | annually | 2014-08-26 |
| 2013-08-13 | ₹12.33 | annually | 2013-08-26 |
Larsen & Toubro Dividend per year
Larsen & Toubro Dividend growth
Larsen & Toubro Dividend Yield
Larsen & Toubro current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Larsen & Toubro stock? Use our calculator to estimate your expected dividend yield:
Larsen & Toubro Financial Ratios
P/E ratio36.90
PEG ratio-2.66
P/B ratio5.59
ROE14.56%
Payout ratio0.00%
Current ratio1.17
Quick ratio1.14
Cash Ratio0.05
Larsen & Toubro Dividend FAQ
How much is the next Larsen & Toubro dividend?
Larsen & Toubro's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Larsen & Toubro dividend. The next Larsen & Toubro dividend will be released in August.
When is Larsen & Toubro dividend paid?
Larsen & Toubro pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Larsen & Toubro pay?
The specific amount of Larsen & Toubro 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 Larsen & Toubro's dividend history.
Does Larsen & Toubro stock pay dividends?
Yes, Larsen & Toubro 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 Larsen & Toubro's dividend history.
How much dividend does Larsen & Toubro pay?
Larsen & Toubro paid ₹28.0 in 2024, ₹6.0 in 2023, ₹22.0 in 2022, ₹18.0 in 2021, and ₹36.0 in 2020.
How often does Larsen & Toubro pay dividends?
Larsen & Toubro typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Larsen & Toubro's dividend yield?
The current dividend yield for Larsen & Toubro is 0.77%. 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 Larsen & Toubro's exact dividend yield.
When does Larsen & Toubro go ex dividend?
Larsen & Toubro's ex-dividend date for the latest dividend was on 2024-06-20. Larsen & Toubro 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 Larsen & Toubro dividend paid?
Larsen & Toubro pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro dividend per share?
Larsen & Toubro paid ₹28.0 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro a dividend stock?
Yes, Larsen & Toubro is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Larsen & Toubro a good dividend stock?
Whether Larsen & Toubro is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Larsen & Toubro has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro pay dividends monthly?
Larsen & Toubro typically pays dividends on a annually basis.
Does Larsen & Toubro pay dividends quarterly?
Larsen & Toubro currently pays dividends on a annually basis.
Has Larsen & Toubro ever paid a dividend?
Yes, Larsen & Toubro has a history of paying dividends to its shareholders. Larsen & Toubro is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Larsen & Toubro dividend stocks?
To buy Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro pay dividends 2024?
Larsen & Toubro pays dividends on a annually basis. 2024 dividend payments are in 2024-08-03. 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 Larsen & Toubro increase its dividend in 2024?
Decisions regarding Larsen & Toubro 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 Larsen & Toubro dividend overview you can look into the above table of dividend history.
How Larsen & Toubro dividend works?
The Larsen & Toubro 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 Larsen & Toubro's dividend process works:
1. Determination of Dividend: Larsen & Toubro'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, Larsen & Toubro 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, Larsen & Toubro 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 Larsen & Toubro 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: Larsen & Toubro'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, Larsen & Toubro 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, Larsen & Toubro 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 Larsen & Toubro 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 Larsen & Toubro dividends paid?
Larsen & Toubro dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Larsen & Toubro 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, Larsen & Toubro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Larsen & Toubro 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: Larsen & Toubro 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, Larsen & Toubro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Larsen & Toubro 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 Larsen & Toubro pay dividends?
Larsen & Toubro typically pays dividends on a 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 Larsen & Toubro pay dividends?
The general pattern is that Larsen & Toubro pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Larsen & Toubro dividend safe?
The safety of Larsen & Toubro'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 Larsen & Toubro'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 Larsen & Toubro'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 Larsen & Toubro'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 Larsen & Toubro'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.