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M&M

Mahindra & Mahindra Ltd

₹3,073

Mahindra & Mahindra Ltd Dividend 2024 : Should Mahindra & Mahindra Ltd be a part of your dividend portfolio?

Mahindra & Mahindra Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,82,192.37Cr. Its share price is ₹3,073 as on 7 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Mahindra & Mahindra Ltd gave ₹37.35 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
  • Consumer Cyclical stocks do not always pay a dividend but as Mahindra & Mahindra Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Mahindra & Mahindra Ltd has declared dividend of ₹21.10 - translating a dividend yield of 1.22%.
Let's look at Mahindra & Mahindra Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
  • Mahindra & Mahindra Ltd’s revenue were ₹39,049.31Cr in the quarter ending September 2024. The revenue grew by 10.79% year on year basis since last quarter.
  • Mahindra & Mahindra Ltd’s profits were ₹3,170.72Cr in the quarter ending September 2024. The profits grew by 35.05% year on year basis since last quarter.
  • Mahindra & Mahindra Ltd’s dividend was ₹21.10 in the quarter ending March 2024.
Mahindra & Mahindra Ltd Dividend related ratios:
  • Last dividend date: 16/05/2024
  • Current Dividend Yield: 1.22%
  • Annual dividend payment: ₹37.35

History of Mahindra & Mahindra Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
05/07/2024
CASH
₹21.10
16/05/2024
06/07/2024
14/07/2023
CASH
₹16.25
26/05/2023
15/07/2023
14/07/2022
CASH
₹11.55
28/05/2022
16/07/2022
15/07/2021
CASH
₹8.75
28/05/2021
17/07/2021
16/07/2020
CASH
₹2.35
12/06/2020
18/07/2020
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Mahindra & Mahindra Ltd Dividend v/s Mahindra & Mahindra Ltd Share price

FAQs

Mahindra & Mahindra Ltd current market price is ₹3,073 per share

Mahindra & Mahindra Ltd has declared dividend worth ₹21.10 in the last year.

Mahindra & Mahindra Ltd has declared dividend worth ₹21.10 in the latest quarter.

Mahindra & Mahindra Ltd has declared dividend on 16/05/2024 of ₹21.10.

Mahindra & Mahindra Ltd has declared dividend 1 times of ₹21.10 in the current financial year (FY2024-2025)

Mahindra & Mahindra Ltd has declared dividend 1 times of ₹16.25 in the previous financial year (FY2023-2024)