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MAHABANK

Bank of Maharashtra

₹54.66

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 ₹40,370.91Cr. Its share price is ₹54.66 as on 9 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Bank of Maharashtra gave ₹1.40 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 2024, Bank of Maharashtra has declared dividend of ₹1.40 - translating a dividend yield of 2.56%.

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 ₹6,768.76Cr in the quarter ending June 2024. The revenue grew by 24.93% year on year basis since last quarter.
  • Bank of Maharashtra’s profits were ₹1,295.09Cr in the quarter ending June 2024. The profits grew by 46.56% year on year basis since last quarter.
  • Bank of Maharashtra’s dividend was ₹1.40 in the quarter ending March 2024.

Bank of Maharashtra Dividend related ratios:

  • Last dividend date: 26/04/2024
  • Current Dividend Yield: 2.56%
  • Annual dividend payment: ₹1.40

History of Bank of Maharashtra's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
10/05/2024
CASH
₹1.40
26/04/2024
10/05/2024
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

Bank of Maharashtra Dividend v/s Bank of Maharashtra Share price

FAQs

Bank of Maharashtra current market price is ₹54.66 per share

Bank of Maharashtra has declared dividend worth ₹1.40 in the last year.

Bank of Maharashtra has declared dividend worth ₹1.40 in the latest quarter.

Bank of Maharashtra has declared dividend on 26/04/2024 of ₹1.40.

Bank of Maharashtra has declared dividend 1 times of ₹1.40 in the current financial year (FY2024-2025)

Bank of Maharashtra has declared dividend 1 times of ₹1.30 in the previous financial year (FY2023-2024)