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LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice, and rice food products in India. The company provides basmati and non-basmati, brown, white, steamed, parboiled, organic, quick cooking, value added, flavored, specialty, arborio, jasmine, and fortified rice products. It offers organic food and ingredient; and rice-based snacks, ready to heat, and cuppa rice products. The company provides its food products primarily under the Daawat, Royal, Gold Seal Indus Valley, 817 Elephant, Heritage, Devaaya, Rozana, Ecolife, and Kari Kari brand names. It distributes its products in the United States, Europe, the Middle East, and internationally. LT Foods Limited was founded in 1980 and is based in Gurugram, India.

LT Foods Dividend Announcement

• LT Foods announced a quarterly dividend of ₹0.50 per ordinary share which will be made payable on 2024-11-23. Ex dividend date: 2024-11-06
• LT Foods annual dividend for 2024 was ₹3.00
• LT Foods annual dividend for 2023 was ₹0.50
• LT Foods's trailing twelve-month (TTM) dividend yield is 1.18%

LT Foods Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-06₹0.50quarterly2024-11-23
2024-11-04₹0.50quarterly2024-11-23
2024-09-17₹1.00quarterly2024-10-26
2024-08-06₹0.50quarterly2024-08-24
2024-05-30₹0.50quarterly2024-06-16
2023-09-21₹0.50quarterly2023-10-29

LT Foods Dividend per year

LT Foods Dividend Yield

LT Foods current trailing twelve-month (TTM) dividend yield is 1.18%. Interested in purchasing LT Foods stock? Use our calculator to estimate your expected dividend yield:

LT Foods Financial Ratios

P/E ratio22.09
PEG ratio5.38
P/B ratio3.64
ROE23.02%
Payout ratio0.00%
Current ratio2.49
Quick ratio0.70
Cash Ratio0.16

LT Foods Dividend FAQ

Does LT Foods stock pay dividends?
LT Foods does not currently pay dividends to its shareholders.
Has LT Foods ever paid a dividend?
No, LT Foods has no a history of paying dividends to its shareholders. LT Foods is not known for its dividend payments.
Why doesn't LT Foods pay dividends?
There are several potential reasons why LT Foods 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 LT Foods 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 LT Foods 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 LT Foods a dividend aristocrat?
LT Foods 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 LT Foods a dividend king?
LT Foods 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 LT Foods a dividend stock?
No, LT Foods 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 LT Foods stocks?
To buy LT Foods 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 LT Foods 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.