MAHABANK

Bank of Maharashtra

₹47.54

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 ₹36,581.04Cr. Its share price is ₹47.54 as on 20 March,2025.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 2.94%.

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 ₹7,112.66Cr in the quarter ending December 2024. The revenue grew by 21.55% year on year basis since last quarter.
Bank of Maharashtra’s profits were ₹1,411.60Cr in the quarter ending December 2024. The profits grew by 35.94% 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: 2.94%
Annual dividend payment: ₹1.40

History of Bank of Maharashtra's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD 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