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L&T Technology Services (NSE:LTTS) Dividend Yield % : 1.04% (As of May. 08, 2024)


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What is L&T Technology Services Dividend Yield %?

As of today (2024-05-08), the Trailing Annual Dividend Yield of L&T Technology Services is 1.04%.

Good Sign:

L&T Technology Services Ltd stock dividend yield is close to 1-year high.

The historical rank and industry rank for L&T Technology Services's Dividend Yield % or its related term are showing as below:

NSE:LTTS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.25   Med: 0.85   Max: 1.97
Current: 1.04

During the past 10 years, the highest Dividend Yield of L&T Technology Services was 1.97%. The lowest was 0.25%. And the median was 0.85%.

NSE:LTTS's Dividend Yield % is ranked worse than
68.3% of 937 companies
in the Software industry
Industry Median: 1.72 vs NSE:LTTS: 1.04

L&T Technology Services's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 10 years, the highest Dividend Payout Ratio of L&T Technology Services was 0.38. The lowest was 0.07. And the median was 0.27.

As of today (2024-05-08), the Forward Dividend Yield % of L&T Technology Services is 0.75%.

L&T Technology Services's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 12 months, L&T Technology Services's average Dividends Per Share Growth Rate was 56.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.40% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of L&T Technology Services was 91.30% per year. The lowest was 7.90% per year. And the median was 30.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


L&T Technology Services Dividend Yield % Historical Data

The historical data trend for L&T Technology Services's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

L&T Technology Services Dividend Yield % Chart

L&T Technology Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 0.79 0.48 0.89 0.86

L&T Technology Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.76 0.98 0.89 0.86

Competitive Comparison of L&T Technology Services's Dividend Yield %

For the Information Technology Services subindustry, L&T Technology Services's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


L&T Technology Services's Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, L&T Technology Services's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's Dividend Yield % falls into.



L&T Technology Services Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

L&T Technology Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 17.0000002023-10-272023-10-272023-11-13Cash Dividendsemi-annuallyINR:INR 1.000000
INR 30.0000002023-07-072023-07-072023-07-25Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

L&T Technology Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=47/4504.90
=1.04 %

Current Share Price is ₹4504.90.
L&T Technology Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹47.

L&T Technology Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=34/4504.90
=0.75 %

Current Share Price is ₹4504.90.
L&T Technology Services's Dividends per Share for the forward twelve months is calculated as ₹17 * 2 = ₹34.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


L&T Technology Services  (NSE:LTTS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


L&T Technology Services Dividend Yield % Related Terms

Thank you for viewing the detailed overview of L&T Technology Services's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


L&T Technology Services (NSE:LTTS) Business Description

Traded in Other Exchanges
Address
National Highway No. 8, Ajwa Waghodia Crossing, 5th Floor, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019
L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Transportation; Industrial Products; Telecom and Hi-tech; Plant Engineering and Medical Devices. It generates maximum revenue from the Transportation segment. The transportation segment offers engineering services and solutions to the transportation industry, which includes OEM and Tier 1 suppliers in the automotive, trucks and off-highway vehicles, aerospace, and rail industries. Geographically, it derives a majority of its revenue from North America.

L&T Technology Services (NSE:LTTS) Headlines

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