L&T Board recommends Final Dividend of Rs. 8

The Board of Directors of Larsen & Toubro Ltd (L&T) at its meeting held on June 06, 2020, have recommended a Final Dividend of Rs. 8/- per share of the face value of Rs.2/- each. Interim dividend @ Rs.10/- per share has been paid on March 30, 2020. Hence, the total dividend for the year FY2019-20 works out to Rs.18/- per share (previous year Rs.18/- per share) and the Company will arrange to pay the same after approval of the shareholders in the ensuing Annual General Meeting.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.955.3 as compared to the previous close of Rs. 931. The total number of shares traded during the day was 247885 in over 10882 trades.

The stock hit an intraday high of Rs. 964.9 and intraday low of 937.5. The net turnover during the day was Rs. 235857492.

Source : Equity Bulls

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