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 ₹2.50
• LT Foods annual dividend for 2023 was ₹1.00
• LT Foods's trailing twelve-month (TTM) dividend yield is 0.58%
• LT Foods's dividend growth over the last five years (2018-2023) was 46.14% year
LT Foods Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-06 | ₹0.50 | quarterly | 2024-11-23 |
2024-09-17 | ₹1.00 | quarterly | 2024-10-26 |
2024-08-06 | ₹0.50 | quarterly | 2024-08-24 |
2024-05-30 | ₹0.50 | quarterly | 2024-06-16 |
2023-09-21 | ₹0.50 | quarterly | 2023-10-29 |
2023-08-09 | ₹0.50 | quarterly | 2023-08-27 |
2022-11-10 | ₹0.50 | quarterly | 2022-11-12 |
2022-02-10 | ₹0.50 | quarterly | 2022-03-01 |
2021-11-09 | ₹0.50 | quarterly | 2021-11-28 |
2021-02-09 | ₹0.50 | quarterly | 2021-02-28 |
2020-11-06 | ₹0.50 | quarterly | 2020-11-29 |
2020-02-20 | ₹0.50 | quarterly | 2020-03-13 |
2019-09-20 | ₹0.15 | quarterly | 2019-10-28 |
2018-09-17 | ₹0.15 | quarterly | 2018-10-24 |
2017-09-08 | ₹0.15 | quarterly | 2017-10-19 |
LT Foods Dividend per year
LT Foods Dividend growth
LT Foods Dividend Yield
LT Foods current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing LT Foods stock? Use our calculator to estimate your expected dividend yield:
LT Foods Financial Ratios
LT Foods Dividend FAQ
Other factors to consider when evaluating LT Foods 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.
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1. Determination of Dividend: LT Foods'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, LT Foods 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, LT Foods 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 LT Foods 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. Record Date: LT Foods 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, LT Foods distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: LT Foods 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.
To assess the safety of LT Foods'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 LT Foods'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.