GURUFOCUS.COM » STOCK LIST » Technology » Software » L&T Technology Services Ltd (NSE:LTTS) » Definitions » 5-Year Dividend Growth Rate

L&T Technology Services (NSE:LTTS) 5-Year Dividend Growth Rate : 17.40% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is L&T Technology Services 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

L&T Technology Services's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, L&T Technology Services's Dividend Yield % is 1.00%.

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


Competitive Comparison of L&T Technology Services's 5-Year Dividend Growth Rate

For the Information Technology Services subindustry, L&T Technology Services's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, L&T Technology Services's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's 5-Year Dividend Growth Rate falls into.



L&T Technology Services 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


L&T Technology Services  (NSE:LTTS) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

L&T Technology Services's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 32.14
=0.00

During the past 10 years, the highest Dividend Payout Ratio of L&T Technology Services was 0.39. The lowest was 0.07. And the median was 0.27.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=47/4682.50
=1.00 %

Current Share Price is ₹4682.50.
L&T Technology Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹47.

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 0.86%.

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of L&T Technology Services's 5-Year Dividend Growth Rate 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

No Headlines