MAHABANK
Bank of Maharashtra
₹64
Bank of Maharashtra Dividend 2024 : Should Bank of Maharashtra be a part of your dividend portfolio?
Bank of Maharashtra is one of the most popular Financial Services company in the world with a market capitalisation of ₹45,639.45Cr. Its share price is ₹64 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bank of Maharashtra gave ₹1.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Bank of Maharashtra pays dividends to reward its shareholders.
- In the quarter ending March 2023, Bank of Maharashtra has declared dividend of ₹1.30 - translating a dividend yield of 2.81%.
Let's look at Bank of Maharashtra’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Bank of Maharashtra’s revenue were ₹5,851.55Cr in the quarter ending December 2023. The revenue grew by 22.67% year on year basis since last quarter.
- Bank of Maharashtra’s profits were ₹1,038.40Cr in the quarter ending December 2023. The profits grew by 33.67% year on year basis since last quarter.
- Bank of Maharashtra’s dividend was ₹1.30 in the quarter ending March 2023.
Bank of Maharashtra Dividend related ratios:
- Last dividend date: 24/04/2023
- Current Dividend Yield: 2.81%
- Annual dividend payment: ₹1.80
History of Bank of Maharashtra's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/05/2023 | CASH | ₹1.30 | 24/04/2023 | 23/05/2023 |
20/06/2022 | CASH | ₹0.50 | 25/05/2022 | 21/06/2022 |
19/06/2015 | CASH | ₹0.80 | 14/05/2015 | 23/06/2015 |
06/02/2014 | CASH | ₹1 | 31/01/2014 | 07/02/2014 |
30/05/2013 | CASH | ₹2.30 | 29/04/2013 | 01/06/2013 |
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