L&T Finance Holdings (BOM:715007.PFD) Forward Dividend Yield % : 8.75% (As of May. 14, 2024)

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What is L&T Finance Holdings Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of L&T Finance Holdings is 8.75%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of L&T Finance Holdings is 8.75%.

BOM:715007.PFD's Forward Dividend Yield % is ranked worse than
77.83% of 203 companies
in the Credit Services industry
Industry Median: 3.76 vs BOM:715007.PFD: 8.75

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

During the past 12 months, L&T Finance Holdings's average Dividends Per Share Growth Rate was 300.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of L&T Finance Holdings was 33.40% per year. The lowest was -34.30% per year. And the median was 2.20% per year.

The growth rate is calculated with least square regression.

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

Competitive Comparison of L&T Finance Holdings's Forward Dividend Yield %

For the Credit Services subindustry, L&T Finance Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Finance Holdings's Forward Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, L&T Finance Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where L&T Finance Holdings's Forward Dividend Yield % falls into.

L&T Finance Holdings Forward Dividend Yield % Calculation

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

L&T Finance Holdings (BOM:715007.PFD) Forward 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 Finance Holdings Forward Dividend Yield % Related Terms

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L&T Finance Holdings (BOM:715007.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » L&T Finance Holdings Ltd (BOM:715007.PFD) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

L&TFH:India 533519:India

Address

Plot No. 177, C.S.T. Road, Brindavan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.ltfs.com

L&T Finance Holdings Ltd is a registered non-banking financial institution operating in India. The company operates through five main segments namely Retail business; Wholesale business; Defocused business and others. It generates maximum revenue from the Retail business segment. Retail Finance comprises of Farmer Finance (Farm Equipment Finance and Agri Allied Finance), Rural Business Finance (Micro Finance Loans and Rural Business loans), Urban Finance (Two wheeler Finance, Consumer Loans, Retail Housing Loans and Loans against Property), SME Loans and Retail Portfolio Acquisitions.

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