M&MFIN
Mahindra & Mahindra Financial Services Ltd
₹261.15
Mahindra & Mahindra Financial Services Ltd Dividend 2024 : Should Mahindra & Mahindra Financial Services Ltd be a part of your dividend portfolio?
Mahindra & Mahindra Financial Services Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹32,298.26Cr. Its share price is ₹261.15 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mahindra & Mahindra Financial Services Ltd gave ₹9.60 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 Mahindra & Mahindra Financial Services Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Mahindra & Mahindra Financial Services Ltd has declared dividend of ₹6 - translating a dividend yield of 3.68%.
Let's look at Mahindra & Mahindra Financial Services Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Mahindra & Mahindra Financial Services Ltd’s revenue were ₹4,149.75Cr in the quarter ending December 2023. The revenue grew by 23.5% year on year basis since last quarter.
- Mahindra & Mahindra Financial Services Ltd’s profits were ₹622.56Cr in the quarter ending December 2023. The profits fell by -5.88% year on year basis since last quarter.
- Mahindra & Mahindra Financial Services Ltd’s dividend was ₹6 in the quarter ending March 2023.
Mahindra & Mahindra Financial Services Ltd Dividend related ratios:
- Last dividend date: 28/04/2023
- Current Dividend Yield: 3.68%
- Annual dividend payment: ₹9.60
History of Mahindra & Mahindra Financial Services Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/07/2023 | CASH | ₹6 | 28/04/2023 | 22/07/2023 |
20/07/2022 | CASH | ₹3.60 | 02/05/2022 | 22/07/2022 |
16/07/2021 | CASH | ₹0.80 | 23/04/2021 | 20/07/2021 |
15/07/2019 | CASH | ₹4 | 24/04/2019 | 17/07/2019 |
15/07/2019 | CASH | ₹2.50 | 24/04/2019 | 17/07/2019 |
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