Bank of Maharashtra Dividend History & Latest Dividend 2026
Bank of Maharashtra last declared a final dividend of ₹1.20 per share on 20 April 2026. The ex-date was 5 June 2026 and the record date was 5 June 2026. Trailing 12-month dividend yield is 2.51% as of 9 November 2026.
Latest Dividend
₹1.20
FY2026 · Final
Declared On
20 Apr 2026
announcement date
Ex-Date
5 Jun 2026
last ex-dividend date
Record Date
5 Jun 2026
eligibility cutoff
TTM Yield
2.51%
as of 9 Nov 2026
Bank of Maharashtra Dividend History
15 dividends declared, newest first
| Announcement | Ex-Date | Record Date | Type | Dividend / Share | Adjusted Dividend / Share | Yield at Ex-Date |
|---|---|---|---|---|---|---|
| 20 Apr 2026 | 5 Jun 2026 | 5 Jun 2026 | Final | ₹1.20 | ₹1.20 | 1.52% |
| 13 Jan 2026 | 20 Jan 2026 | 20 Jan 2026 | Interim | ₹1.00 | ₹1.00 | 1.56% |
| 25 Apr 2025 | 9 May 2025 | 9 May 2025 | Final | ₹1.50 | ₹1.50 | 3.10% |
| 26 Apr 2024 | 10 May 2024 | 10 May 2024 | Final | ₹1.40 | ₹1.40 | 2.19% |
| 24 Apr 2023 | 23 May 2023 | 23 May 2023 | Final | ₹1.30 | ₹1.30 | 4.32% |
| 25 May 2022 | 20 Jun 2022 | 21 Jun 2022 | Final | ₹0.50 | ₹0.50 | 3.30% |
| 14 May 2015 | 19 Jun 2015 | 23 Jun 2015 | Final | ₹0.80 | ₹0.80 | NA |
| 31 Jan 2014 | 6 Feb 2014 | 7 Feb 2014 | Interim | ₹1.00 | ₹1.00 | NA |
| 29 Apr 2013 | 30 May 2013 | 1 Jun 2013 | Final | ₹2.30 | ₹2.30 | NA |
| 5 May 2012 | 14 Jun 2012 | 16 Jun 2012 | Final | ₹2.20 | ₹2.20 | NA |
| 30 Apr 2011 | 16 Jun 2011 | 18 Jun 2011 | Final | ₹2.00 | ₹2.00 | NA |
| 30 Apr 2010 | 30 Jun 2010 | 3 Jul 2010 | Final | ₹2.00 | ₹2.00 | NA |
| 14 May 2009 | 2 Jul 2009 | 4 Jul 2009 | Final | ₹1.50 | ₹1.50 | NA |
| 30 Apr 2008 | 29 May 2008 | 31 May 2008 | Final | ₹2.00 | ₹2.00 | NA |
| 30 Apr 2007 | 30 May 2007 | 1 Jun 2007 | Final | ₹2.00 | ₹2.00 | NA |
Bank of Maharashtra Dividend Summary
Based on dividends up to FY2026, adjusted for bonus issues and splits
Consecutive years paid
5
financial years, up to FY2026
5Y total adjusted dividend
₹6.90
per share
Latest payout ratio
24%
FY2026 DPS ÷ EPS
Payout frequency
Semi-annual
2 dividends in FY2026
Dividend per Share vs Earnings per Share
Adjusted dividend per share and EPS for each completed financial year, on one ₹ scale
| Financial Year | EPS | Adjusted DPS |
|---|---|---|
| FY2026 | ₹9.13 | ₹2.20 |
| FY2025 | ₹7.50 | ₹1.50 |
| FY2024 | ₹5.80 | ₹1.40 |
| FY2023 | ₹3.86 | ₹1.30 |
| FY2022 | ₹1.73 | ₹0.50 |
How Much Dividend Would You Receive?
Gross amount at the latest dividend of ₹1.20 per share
Gross dividend
₹120.00
100 × ₹1.20 per share
Calculated at the latest declared dividend of ₹1.20 per share, before tax. Past dividends do not indicate future dividends.
About Bank of Maharashtra's Dividend Record
Bank of Maharashtra has paid a dividend in each of the last 5 financial years, up to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹6.90 per share. The FY2026 payout ratio was 24%, based on earnings per share of ₹9.13. The trailing 12-month dividend yield is 2.51% as of 9 November 2026, based on dividends of ₹2.20 per share and a share price of ₹87.68.
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FAQs
What is the latest dividend declared by Bank of Maharashtra?
Bank of Maharashtra declared a final dividend of ₹1.20 per share on 20 April 2026, with a record date of 5 June 2026.
When will I receive the Bank of Maharashtra dividend?
Shareholders on record as of 5 June 2026 are eligible for the Bank of Maharashtra dividend. It is credited to the bank account linked to the shareholder's demat account.
What are the ex-dividend date and record date for Bank of Maharashtra?
The ex-date is 5 June 2026 and the record date is 5 June 2026. Under the T+1 settlement cycle, investors generally need to buy shares before the ex-date to be eligible for the dividend.
How often does Bank of Maharashtra pay a dividend?
Bank of Maharashtra has paid a dividend in each of the last 5 financial years, up to FY2026. In FY2026 its payout frequency was semi-annual.
What is Bank of Maharashtra's dividend yield?
Bank of Maharashtra's trailing 12-month dividend yield is 2.51% as of 9 November 2026, based on ₹2.20 of dividends per share during the previous 12 months and a share price of ₹87.68.
How is the Bank of Maharashtra dividend taxed?
Dividends from Bank of Maharashtra are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Bank of Maharashtra exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.
How can I check whether I received the Bank of Maharashtra dividend?
Check the bank account linked to your demat account for the dividend credit. Where applicable, tax deducted at source also appears in your Form 26AS and AIS.