The Board of Directors of L&T Technology Services Ltd (LTTS) at its meeting held on 3 May 2021, has declared Final Dividend of Rs 14.5 per equity share.
L&T Technology Services Ltd Q4 Result
For financial year 2021, the company reported a 19% decline in net profit at Rs 663.3 crore and 3% decline in revenues at Rs 5449.7 crore. US revenues were down 6.3% at $737 million and the EBIT margin was at 14.5%.
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L&T Technology Services Ltd Dividend Record Date
The company in its letter has informed the exchanges that it has fixed 9 July 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, i.e. 9 July 2021.
Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Above all, here is the copy of statement, the company has sent to the exchanges:
We would further like to inform that the Board of Directors at their meeting held today, have recommended a final dividend of 725% i.e. Rs. 14.5/- per equity share of face value of Rs 2.00/- each, subject to approval of the shareholders of the Company, which if approved, shall be paid / dispatched within thirty days from the conclusion of the Annual General Meeting.
Important Dates
- Company – L&T Technology Services Ltd
- Script Name – LTTS (NSE) and 540115 (BSE)
- Dividend Amount – 14.5 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 8 July 2021
- Record Date – 9 July 2021
- Payment Date – 15 August 2021
Also, you can find more information about L&T Technology Services Ltd on National Stock Exchange and Moneycontrol – L&T Technology Services Ltd is engaged in providing engineering solutions. Its services include product design, analysis, prototyping and testing, embedded system design, manufacturing engineering & plant and construction engineering.
