Three prominent stocks from the Larsen & Toubro (L&T) group are scheduled to trade ex-dividend next week, offering payouts to their eligible shareholders. Investors in Larsen & Toubro Ltd (L&T), L&T Technology Services Ltd (LTTS), and L&T Finance Ltd should note the crucial record date set for determining eligibility for these dividends.
Key Details for L&T Group Dividends
All three companies have uniformly set Friday, May 22, 2026, as the record date. This means that shareholders must own the shares by this date to qualify for the respective dividend payouts. The proposed dividends are subject to approval at each company's upcoming Annual General Meeting (AGM).
Larsen & Toubro Ltd (L&T)
The board of Larsen & Toubro Ltd has recommended a final dividend of Rs 38 per share for the financial year. The 81st AGM, where shareholders will vote on this recommendation, is slated for Friday, June 5, 2026.
L&T Technology Services Ltd (LTTS)
L&T Technology Services Ltd, the group's engineering and R&D services arm, has proposed a final dividend of Rs 40 per share (on a face value of Rs 2 each). Its 14th AGM is scheduled for Monday, June 1, 2026. If approved, the company has committed to disbursing the dividend within 30 days following the AGM.
L&T Finance Ltd
Rounding out the trio, L&T Finance Ltd's board has approved a dividend of Rs 2.75 per share (on a face value of Rs 10 each). The company's 18th AGM is set for Friday, May 29, 2026. Upon shareholder approval, the dividend is expected to be credited to eligible accounts on or before Saturday, June 27, 2026.
Shareholders interested in these payouts are advised to ensure their holdings are in order by the May 22, 2026, record date to benefit from the upcoming dividend distributions.