Highest-Ever Dividend Announced by This IT Stock: Payout Higher Than TCS, Infosys and Wipro; FIIs Increase Stake

Dividend announcements from the Indian IT pack have remained in focus as several technology companies declared shareholder payouts along with their FY26 results. Among them, LTM Limited, formerly known as LTIMindtree Limited, has drawn attention after recommending a final dividend of Rs 53 per equity share for the financial year ended March 31, 2026.

The company has fixed Monday, May 25, 2026 as the record date to determine the eligibility of shareholders for the final dividend. The payout is subject to approval by shareholders at the company’s 30th Annual General Meeting, scheduled on Monday, June 1, 2026. If approved, the dividend will be paid on or before Wednesday, June 10, 2026, according to the company’s AGM notice.

LTM Announces Its Highest-Ever Single Dividend of Rs 53 Per Share

LTM’s latest dividend also stands out in the company’s own dividend history. As per the official dividend data available, the Rs 53 per share final dividend for FY26 is the highest single dividend announced by the company in the available dividend history. Earlier, the company had declared an interim dividend of Rs 22 per share for FY26, taking the total dividend for the year to Rs 75 per share.

However, it is important to note that while LTM’s dividend is among the notable payouts in the IT space, it is not the highest recent dividend across the broader Indian IT pack. Oracle Financial Services Software announced a second interim dividend of Rs 270 per share, while Mphasis recommended a dividend of Rs 62 per share for FY26.

LTM Dividend History

LTM has steadily increased its dividend payout over the years. In FY25, the company declared a final dividend of Rs 45 per share and an interim dividend of Rs 20 per share. In FY24 too, the final dividend stood at Rs 45 per share, while the interim dividend was Rs 20 per share. For FY23, the company had declared a final dividend of Rs 40 per share and an interim dividend of Rs 20 per share.

The latest final dividend of Rs 53 per share marks a step-up from the company’s earlier final dividend payouts and reflects a higher shareholder reward for FY26. The record date of May 25, 2026 will be important for investors tracking dividend eligibility.

Recent Dividend Announcements by IT Stocks: LTM Stands at Third Position

FIIs Increased Stake in IT Stock

As per the latest shareholding pattern as of March 31, 2026, FIIs have increased their stake from 6.51 per cent to 6.63 per cent. Larsen & Toubro (L&T) holds 68.52 per cent stake in the company and Life Insurance Corporation of India (LIC) holds 9.80 per cent stake in LTM.  

About LTM Limited

LTM Limited, formerly LTIMindtree Limited, is a global technology consulting and digital solutions company. The company helps enterprises across industries reimagine business models, accelerate innovation and drive growth using digital technologies. Its service areas include application management, cognitive infrastructure, cybersecurity, AI-led engineering, data and analytics, enterprise applications and business AI.

The company serves multiple industries, including Banking, capital markets, communications, media and entertainment, energy and utilities, healthcare, insurance, life sciences, manufacturing, retail and CPG, and travel, transport and hospitality.

Overall, LTM’s Rs 53 per share final dividend is a significant payout in its own history and takes the company’s FY26 total dividend to Rs 75 per share. While it is not the highest recent dividend across all Indian IT companies, it remains the highest single dividend announced by LTM based on its official dividend history.

Disclaimer: The article is for informational purposes only and not investment advice.