L&T DIVIDEND 2020 With Record, Payment Detail And History

L&T announced dividend for Q2. L&T offer 900% dividend to their shareholders. Shareholder will get to know about dividend on 5th November 2020.   

L&T Q2 net profit drops 45% YoY to Rs 1,410 cr; firm announces dividend at Rs 18 per share.

EPC major Larsen & Toubro on Wednesday said its consolidated net profit fell 44.73 per cent year-on-year (YoY) to Rs 1,410.29 crore for the September quarter compared with Rs 2,551.67 crore in the same quarter last year.

The revenue from operations for the quarter dropped to Rs 31,034.74 crore from Rs 35,328.45 crore, a fall of 12.15 per cent YoY. The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, has being fixed as Thursday, November 5, 2020.

L&T dividend 2020

L&T Dividend Percentage & Record Date

Announcement Record Date Dividend Type Dividend % Dividend Price
23/10/2020 04/11/2020 Special 900% Rs. 18/share
05/06/2019 05/08/2020 Final 400% Rs. 8/share
13/03/2020 24/03/2020 Interim 500% Rs. 10/share
10/05/2019 24/07/2019 Final 900% Rs. 18/share
28/05/2018 14/08/2018 Final 800% Rs. 16/share
32/05/2017 11/08/2017 Final 700% Rs. 14/share

About L&T Company:

Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate, with global operations, headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.