Mahindra & Mahindra Financial Services Ltd Dividend History & Latest Dividend 2026
Mahindra & Mahindra Financial Services last declared a final dividend of ₹7.50 per share on 24 April 2026. The ex-date was 13 July 2026 and the record date was 13 July 2026. Trailing 12-month dividend yield is 2.87% as of 2 November 2026.
Latest Dividend
₹7.50
FY2026 · Final
Declared On
24 Apr 2026
announcement date
Ex-Date
13 Jul 2026
last ex-dividend date
Record Date
13 Jul 2026
eligibility cutoff
TTM Yield
2.87%
as of 2 Nov 2026
Mahindra & Mahindra Financial Services Dividend History
22 dividends declared, newest first
| Announcement | Ex-Date | Record Date | Type | Dividend / Share | Adjusted Dividend / Share | Yield at Ex-Date |
|---|---|---|---|---|---|---|
| 24 Apr 2026 | 13 Jul 2026 | 13 Jul 2026 | Final | ₹7.50 | ₹7.50 | 2.25% |
| 22 Apr 2025 | 15 Jul 2025 | 15 Jul 2025 | Final | ₹6.50 | ₹6.50 | 2.44% |
| 4 May 2024 | 16 Jul 2024 | 17 Jul 2024 | Final | ₹6.30 | ₹6.30 | 2.12% |
| 28 Apr 2023 | 21 Jul 2023 | 22 Jul 2023 | Final | ₹6.00 | ₹6.00 | 1.92% |
| 2 May 2022 | 20 Jul 2022 | 22 Jul 2022 | Final | ₹3.60 | ₹3.60 | 1.76% |
| 23 Apr 2021 | 16 Jul 2021 | 20 Jul 2021 | Final | ₹0.80 | ₹0.80 | 0.49% |
| 24 Apr 2019 | 15 Jul 2019 | 17 Jul 2019 | Final | ₹4.00 | ₹4.00 | 1.72% |
| 24 Apr 2019 | 15 Jul 2019 | 17 Jul 2019 | Special | ₹2.50 | ₹2.50 | 1.08% |
| 25 Apr 2018 | 19 Jul 2018 | 21 Jul 2018 | Final | ₹4.00 | ₹4.00 | 1.40% |
| 25 Apr 2017 | 14 Jul 2017 | 18 Jul 2017 | Final | ₹2.40 | ₹2.40 | 1.06% |
| 23 Apr 2016 | 14 Jul 2016 | 16 Jul 2016 | Final | ₹4.00 | ₹4.00 | NA |
| 23 Apr 2015 | 2 Jul 2015 | 4 Jul 2015 | Final | ₹4.00 | ₹4.00 | NA |
| 23 Apr 2014 | 3 Jul 2014 | 5 Jul 2014 | Final | ₹3.80 | ₹3.80 | NA |
| 23 Apr 2013 | 4 Jul 2013 | 6 Jul 2013 | Final | ₹3.40 | ₹3.40 | NA |
| 23 Apr 2013 | 4 Jul 2013 | 6 Jul 2013 | Special | ₹0.20 | ₹0.20 | NA |
| 23 Apr 2012 | 5 Jul 2012 | 7 Jul 2012 | Final | ₹14.00 | ₹2.80 | NA |
| 25 Apr 2011 | 7 Jul 2011 | 9 Jul 2011 | Final | ₹10.00 | ₹2.00 | NA |
| 22 Apr 2010 | 30 Jun 2010 | 3 Jul 2010 | Final | ₹7.50 | ₹1.50 | NA |
| 22 Apr 2009 | 2 Jul 2009 | 4 Jul 2009 | Final | ₹5.50 | ₹1.10 | NA |
| 22 Apr 2008 | 26 Jun 2008 | 28 Jun 2008 | Final | ₹4.50 | ₹0.90 | NA |
| 24 Apr 2007 | 28 Jun 2007 | 30 Jun 2007 | Final | ₹2.00 | ₹0.40 | NA |
| 23 Mar 2007 | 26 Mar 2007 | 28 Mar 2007 | Interim | ₹2.00 | ₹0.40 | NA |
Adjusted for stock split (face value ₹10 to ₹2) in Feb 2013. Adjusted Dividend / Share restates past payouts on today's share count, so figures before and after the change can be compared.
Mahindra & Mahindra Financial Services Dividend Summary
Based on dividends up to FY2026, adjusted for bonus issues and splits
Consecutive years paid
6
financial years, up to FY2026
5Y adjusted DPS CAGR
56.5%
FY2021 to FY2026
5Y total adjusted dividend
₹29.90
per share
Latest payout ratio
36%
FY2026 DPS ÷ EPS
Payout frequency
Annual
1 dividend 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 | ₹20.80 | ₹7.50 |
| FY2025 | ₹17.73 | ₹6.50 |
| FY2024 | ₹15.25 | ₹6.30 |
| FY2023 | ₹16.35 | ₹6.00 |
| FY2022 | ₹8.64 | ₹3.60 |
| FY2021 | NA | ₹0.80 |
How Much Dividend Would You Receive?
Gross amount at the latest dividend of ₹7.50 per share
Gross dividend
₹750.00
100 × ₹7.50 per share
Calculated at the latest declared dividend of ₹7.50 per share, before tax. Past dividends do not indicate future dividends.
About Mahindra & Mahindra Financial Services's Dividend Record
Mahindra & Mahindra Financial Services has paid a dividend in each of the last 6 financial years, up to FY2026. Mahindra & Mahindra Financial Services declared a special dividend of ₹2.50 per share in 2019. After adjusting for bonus issues and stock splits, dividend per share grew at a 5-year CAGR of 56.5% from FY2021 to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹29.90 per share. The FY2026 payout ratio was 36%, based on earnings per share of ₹20.80. The trailing 12-month dividend yield is 2.87% as of 2 November 2026, based on dividends of ₹7.50 per share and a share price of ₹261.75.
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FAQs
What is the latest dividend declared by Mahindra & Mahindra Financial Services?
Mahindra & Mahindra Financial Services declared a final dividend of ₹7.50 per share on 24 April 2026, with a record date of 13 July 2026.
When will I receive the Mahindra & Mahindra Financial Services dividend?
Shareholders on record as of 13 July 2026 are eligible for the Mahindra & Mahindra Financial Services 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 Mahindra & Mahindra Financial Services?
The ex-date is 13 July 2026 and the record date is 13 July 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 Mahindra & Mahindra Financial Services pay a dividend?
Mahindra & Mahindra Financial Services has paid a dividend in each of the last 6 financial years, up to FY2026. In FY2026 its payout frequency was annual.
What is Mahindra & Mahindra Financial Services's dividend yield?
Mahindra & Mahindra Financial Services's trailing 12-month dividend yield is 2.87% as of 2 November 2026, based on ₹7.50 of dividends per share during the previous 12 months and a share price of ₹261.75.
Why are Mahindra & Mahindra Financial Services's older dividend per share figures adjusted?
Adjusted for stock split (face value ₹10 to ₹2) in Feb 2013. A bonus issue or stock split increases the number of shares, so dividends paid before it are restated on today's share count to make them comparable with later payouts.
How is the Mahindra & Mahindra Financial Services dividend taxed?
Dividends from Mahindra & Mahindra Financial Services 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 Mahindra & Mahindra Financial Services 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 Mahindra & Mahindra Financial Services 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.