Larsen & Toubro Dividend
Dividend criteria checks 4/6
Larsen & Toubro is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
33%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹92.03 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500510's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500510's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Larsen & Toubro Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500510) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.3% |
Industry Average (Construction) | 0.6% |
Analyst forecast in 3 Years (500510) | 1.2% |
Notable Dividend: 500510's dividend (0.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 500510's dividend (0.66%) is low compared to the top 25% of dividend payers in the Indian market (1.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), 500510's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15%), 500510's dividend payments are well covered by cash flows.