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Larsen & Toubro (NSE:LT) Dividend Yield %

: 0.68% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Larsen & Toubro is 0.68%.

Warning Sign:

Larsen & Toubro Ltd stock dividend yield is close to 2-year low.

The historical rank and industry rank for Larsen & Toubro's Dividend Yield % or its related term are showing as below:

NSE:LT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.45   Med: 1.13   Max: 3.61
Current: 0.68

During the past 13 years, the highest Dividend Yield of Larsen & Toubro was 3.61%. The lowest was 0.45%. And the median was 1.13%.

NSE:LT's Dividend Yield % is ranked worse than
89.47% of 959 companies
in the Construction industry
Industry Median: 2.8 vs NSE:LT: 0.68

Larsen & Toubro's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Larsen & Toubro was 0.40. The lowest was 0.22. And the median was 0.26.

As of today (2024-04-19), the Forward Dividend Yield % of Larsen & Toubro is 0.68%.

Larsen & Toubro's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Larsen & Toubro's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Larsen & Toubro was 132.20% per year. The lowest was -37.00% per year. And the median was 13.90% per year.

The growth rate is calculated with least square regression.

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


Larsen & Toubro Dividend Yield % Historical Data

The historical data trend for Larsen & Toubro'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.

Larsen & Toubro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 3.46 1.27 1.02 1.02

Larsen & Toubro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 Premium Member Only Premium Member Only Premium Member Only 1.04 1.02 0.89 0.79 0.68

Competitive Comparison

For the Engineering & Construction subindustry, Larsen & Toubro'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.


Larsen & Toubro Dividend Yield % Distribution

For the Construction industry and Industrials sector, Larsen & Toubro's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Larsen & Toubro's Dividend Yield % falls into.



Larsen & Toubro Dividend Yield % Calculation

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

Larsen & Toubro Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 24.0002023-08-022023-08-022023-08-14Cash DividendannuallyINR: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.

Larsen & Toubro's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=24/3550.95
=0.68 %

Current Share Price is ₹3550.95.
Larsen & Toubro's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹24.

Larsen & Toubro's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=24/3550.95
=0.68 %

Current Share Price is ₹3550.95.
Larsen & Toubro's Dividends per Share for the forward twelve months is calculated as ₹24 * 1 = ₹24.

* 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.


Larsen & Toubro  (NSE:LT) 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.


Larsen & Toubro Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Larsen & Toubro's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Larsen & Toubro (NSE:LT) Business Description

Traded in Other Exchanges
Address
Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, IND, 400 001
Larsen & Toubro Ltd is a technology, engineering, manufacturing, and financial services conglomerate. It enters contracts to construct various facilities, develop solutions for offshore and onshore hydrocarbon projects, serve power plants, build ships, and perform other engineering projects. Its integrated capabilities help customers throughout the entire value chain, from design to delivering a project. The company has several operating segments: Infrastructure segment; Energy Projects segment, Hi-Tech Manufacturing segment and Other segments. Larsen & Toubro can supply customized solutions or standardized components for reproduction, and its service network boosts aftermarket sales.

Larsen & Toubro (NSE:LT) Headlines

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