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M&M

Mahindra & Mahindra Ltd

₹2,503.70

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 ₹3,11,416.93Cr. Its share price is ₹2,503.70 as on 20 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Mahindra & Mahindra Ltd gave ₹27.80 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 2023, Mahindra & Mahindra Ltd has declared dividend of ₹16.25 - translating a dividend yield of 1.11%.

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 ₹36,202.17Cr in the quarter ending March 2024. The revenue grew by 9.31% year on year basis since last quarter.
  • Mahindra & Mahindra Ltd’s profits were ₹2,754.08Cr in the quarter ending March 2024. The profits grew by 4.45% year on year basis since last quarter.
  • Mahindra & Mahindra Ltd’s dividend was ₹16.25 in the quarter ending March 2023.

Mahindra & Mahindra Ltd Dividend related ratios:

  • Last dividend date: 26/05/2023
  • Current Dividend Yield: 1.11%
  • Annual dividend payment: ₹27.80

Mahindra & Mahindra Ltd Dividend v/s Mahindra & Mahindra Ltd Share price

History of Mahindra & Mahindra Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
18/07/2019
CASH
₹8.50
29/05/2019
20/07/2019
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FAQs

Mahindra & Mahindra Ltd current market price is ₹2,503.70 per share

Mahindra & Mahindra Ltd has declared dividend worth ₹16.25 in the last year.

Mahindra & Mahindra Ltd has declared dividend worth ₹16.25 in the latest quarter.

Mahindra & Mahindra Ltd has declared dividend on 26/05/2023 of ₹16.25.

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