Mahindra & Mahindra Ltd Dividend History & Latest Dividend 2026
Mahindra & Mahindra last declared a final dividend of ₹33.00 per share on 5 May 2026. The ex-date was 3 July 2026 and the record date was 3 July 2026. Trailing 12-month dividend yield is 1.00% as of 9 November 2026.
Latest Dividend
₹33.00
FY2026 · Final
Declared On
5 May 2026
announcement date
Ex-Date
3 Jul 2026
last ex-dividend date
Record Date
3 Jul 2026
eligibility cutoff
TTM Yield
1%
as of 9 Nov 2026
Mahindra & Mahindra Dividend History
26 dividends declared, newest first
| Announcement | Ex-Date | Record Date | Type | Dividend / Share | Adjusted Dividend / Share | Yield at Ex-Date |
|---|---|---|---|---|---|---|
| 5 May 2026 | 3 Jul 2026 | 3 Jul 2026 | Final | ₹33.00 | ₹33.00 | 1.05% |
| 5 May 2025 | 4 Jul 2025 | 4 Jul 2025 | Final | ₹25.30 | ₹25.30 | 0.80% |
| 16 May 2024 | 5 Jul 2024 | 6 Jul 2024 | Final | ₹21.10 | ₹21.10 | 0.73% |
| 26 May 2023 | 14 Jul 2023 | 15 Jul 2023 | Final | ₹16.25 | ₹16.25 | 1.05% |
| 28 May 2022 | 14 Jul 2022 | 16 Jul 2022 | Final | ₹11.55 | ₹11.55 | 1.01% |
| 28 May 2021 | 15 Jul 2021 | 17 Jul 2021 | Final | ₹8.75 | ₹8.75 | 1.12% |
| 12 Jun 2020 | 16 Jul 2020 | 18 Jul 2020 | Final | ₹2.35 | ₹2.35 | 0.41% |
| 29 May 2019 | 18 Jul 2019 | 20 Jul 2019 | Final | ₹8.50 | ₹8.50 | 1.42% |
| 29 May 2018 | 12 Jul 2018 | 14 Jul 2018 | Final | ₹7.50 | ₹7.50 | 0.82% |
| 30 May 2017 | 13 Jul 2017 | 15 Jul 2017 | Final | ₹13.00 | ₹13.00 | 1.90% |
| 30 May 2016 | 21 Jul 2016 | 23 Jul 2016 | Final | ₹12.00 | ₹12.00 | NA |
| 29 May 2015 | 16 Jul 2015 | 18 Jul 2015 | Final | ₹12.00 | ₹12.00 | NA |
| 30 May 2014 | 17 Jul 2014 | 19 Jul 2014 | Special | ₹0.50 | ₹0.50 | NA |
| 30 May 2014 | 17 Jul 2014 | 19 Jul 2014 | Final | ₹13.50 | ₹13.50 | NA |
| 30 May 2013 | 18 Jul 2013 | 20 Jul 2013 | Final | ₹12.50 | ₹12.50 | NA |
| 30 May 2013 | 18 Jul 2013 | 20 Jul 2013 | Special | ₹0.50 | ₹0.50 | NA |
| 30 May 2012 | 12 Jul 2012 | 14 Jul 2012 | Final | ₹12.50 | ₹12.50 | NA |
| 30 May 2011 | 14 Jul 2011 | 16 Jul 2011 | Final | ₹10.50 | ₹10.50 | NA |
| 30 May 2011 | 14 Jul 2011 | 16 Jul 2011 | Special | ₹1.00 | ₹1.00 | NA |
| 29 May 2010 | 8 Jul 2010 | 10 Jul 2010 | Special | ₹0.75 | ₹0.75 | NA |
| 29 May 2010 | 8 Jul 2010 | 10 Jul 2010 | Final | ₹8.75 | ₹8.75 | NA |
| 28 May 2009 | 9 Jul 2009 | 11 Jul 2009 | Final | ₹10.00 | ₹10.00 | NA |
| 28 May 2008 | 3 Jul 2008 | 5 Jul 2008 | Final | ₹11.50 | ₹11.50 | NA |
| 28 May 2007 | 5 Jul 2007 | 7 Jul 2007 | Special | ₹1.50 | ₹1.50 | NA |
| 28 May 2007 | 5 Jul 2007 | 7 Jul 2007 | Final | ₹2.50 | ₹2.50 | NA |
| 21 Mar 2007 | 23 Mar 2007 | 26 Mar 2007 | Interim | ₹7.50 | ₹7.50 | NA |
Mahindra & Mahindra Dividend Summary
Based on dividends up to FY2026, adjusted for bonus issues and splits
Consecutive years paid
20
financial years, up to FY2026
5Y adjusted DPS CAGR
30.4%
FY2021 to FY2026
5Y total adjusted dividend
₹107.20
per share
Latest payout ratio
22%
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 | ₹153.10 | ₹33.00 |
| FY2025 | ₹115.90 | ₹25.30 |
| FY2024 | ₹101.14 | ₹21.10 |
| FY2023 | ₹92.40 | ₹16.25 |
| FY2022 | ₹59.19 | ₹11.55 |
| FY2021 | NA | ₹8.75 |
| FY2020 | NA | ₹2.35 |
How Much Dividend Would You Receive?
Gross amount at the latest dividend of ₹33.00 per share
Gross dividend
₹3,300.00
100 × ₹33.00 per share
Calculated at the latest declared dividend of ₹33.00 per share, before tax. Past dividends do not indicate future dividends.
About Mahindra & Mahindra's Dividend Record
Mahindra & Mahindra has paid a dividend in each of the last 20 financial years, up to FY2026. Mahindra & Mahindra declared a special dividend of ₹0.50 per share in 2014. Dividend per share grew at a 5-year CAGR of 30.4% from FY2021 to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹107.20 per share. The FY2026 payout ratio was 22%, based on earnings per share of ₹153.10. The trailing 12-month dividend yield is 1.00% as of 9 November 2026, based on dividends of ₹33.00 per share and a share price of ₹3,290.60.
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FAQs
What is the latest dividend declared by Mahindra & Mahindra?
Mahindra & Mahindra declared a final dividend of ₹33.00 per share on 5 May 2026, with a record date of 3 July 2026.
When will I receive the Mahindra & Mahindra dividend?
Shareholders on record as of 3 July 2026 are eligible for the Mahindra & Mahindra 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?
The ex-date is 3 July 2026 and the record date is 3 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 pay a dividend?
Mahindra & Mahindra has paid a dividend in each of the last 20 financial years, up to FY2026. In FY2026 its payout frequency was annual.
What is Mahindra & Mahindra's dividend yield?
Mahindra & Mahindra's trailing 12-month dividend yield is 1.00% as of 9 November 2026, based on ₹33.00 of dividends per share during the previous 12 months and a share price of ₹3,290.60.
How is the Mahindra & Mahindra dividend taxed?
Dividends from Mahindra & Mahindra 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 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 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.