SML Mahindra Ltd Dividend History & Latest Dividend 2026
SML Mahindra last declared a final dividend of ₹23.50 per share on 20 April 2026. The ex-date was 3 July 2026 and the record date was 3 July 2026. Trailing 12-month dividend yield is 0.39% as of 15 October 2026.
Latest Dividend
₹23.50
FY2026 · Final
Declared On
20 Apr 2026
announcement date
Ex-Date
3 Jul 2026
last ex-dividend date
Record Date
3 Jul 2026
eligibility cutoff
TTM Yield
0.39%
as of 15 Oct 2026
SML Mahindra Dividend History
17 dividends declared, newest first
| Announcement | Ex-Date | Record Date | Type | Dividend / Share | Adjusted Dividend / Share | Yield at Ex-Date |
|---|---|---|---|---|---|---|
| 20 Apr 2026 | 3 Jul 2026 | 3 Jul 2026 | Final | ₹23.50 | ₹23.50 | 0.59% |
| 30 May 2025 | 9 Jul 2025 | 9 Jul 2025 | Final | ₹18.00 | ₹18.00 | 0.59% |
| 23 May 2024 | 6 Sep 2024 | 6 Sep 2024 | Final | ₹16.00 | ₹16.00 | 0.78% |
| 28 May 2019 | 19 Sep 2019 | 21 Sep 2019 | Final | ₹3.00 | ₹3.00 | 0.54% |
| 23 May 2018 | 1 Aug 2018 | 3 Aug 2018 | Final | ₹1.50 | ₹1.50 | 0.18% |
| 10 May 2017 | 14 Sep 2017 | 16 Sep 2017 | Final | ₹8.00 | ₹8.00 | 0.83% |
| 10 May 2016 | 28 Jul 2016 | 30 Jul 2016 | Final | ₹8.00 | ₹8.00 | NA |
| 8 May 2015 | 27 Aug 2015 | 29 Aug 2015 | Final | ₹6.00 | ₹6.00 | NA |
| 9 May 2014 | 27 Aug 2014 | 30 Aug 2014 | Final | ₹3.00 | ₹3.00 | NA |
| 7 May 2013 | 29 Aug 2013 | 31 Aug 2013 | Final | ₹8.00 | ₹8.00 | NA |
| 25 May 2012 | 15 Jun 2012 | 19 Jun 2012 | Final | ₹8.00 | ₹8.00 | NA |
| 16 May 2011 | 13 Jul 2011 | 15 Jul 2011 | Special | ₹1.50 | ₹1.50 | NA |
| 16 May 2011 | 13 Jul 2011 | 15 Jul 2011 | Final | ₹6.50 | ₹6.50 | NA |
| 28 May 2010 | 3 Sep 2010 | 7 Sep 2010 | Final | ₹4.00 | ₹4.00 | NA |
| 29 May 2009 | 11 Sep 2009 | 15 Sep 2009 | Final | ₹1.50 | ₹1.50 | NA |
| 2 Jun 2008 | 20 Jun 2008 | 24 Jun 2008 | Final | ₹5.50 | ₹5.50 | NA |
| 31 May 2007 | 14 Sep 2007 | 18 Sep 2007 | Final | ₹5.50 | ₹5.50 | NA |
SML Mahindra Dividend Summary
Based on dividends up to FY2026, adjusted for bonus issues and splits
Consecutive years paid
3
financial years, up to FY2026
5Y total adjusted dividend
₹57.50
per share
Latest payout ratio
21%
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 | ₹110.39 | ₹23.50 |
| FY2025 | ₹84.08 | ₹18.00 |
| FY2024 | ₹74.54 | ₹16.00 |
| FY2023 | ₹13.71 | ₹0.00 |
| FY2022 | ₹-68.94 | ₹0.00 |
How Much Dividend Would You Receive?
Gross amount at the latest dividend of ₹23.50 per share
Gross dividend
₹2,350.00
100 × ₹23.50 per share
Calculated at the latest declared dividend of ₹23.50 per share, before tax. Past dividends do not indicate future dividends.
About SML Mahindra's Dividend Record
SML Mahindra has paid a dividend in each of the last 3 financial years, up to FY2026. SML Mahindra declared a special dividend of ₹1.50 per share in 2011. The total adjusted dividend over the five financial years up to FY2026 is ₹57.50 per share. The FY2026 payout ratio was 21%, based on earnings per share of ₹110.39. The trailing 12-month dividend yield is 0.39% as of 15 October 2026, based on dividends of ₹23.50 per share and a share price of ₹6,031.50.
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FAQs
What is the latest dividend declared by SML Mahindra?
SML Mahindra declared a final dividend of ₹23.50 per share on 20 April 2026, with a record date of 3 July 2026.
When will I receive the SML Mahindra dividend?
Shareholders on record as of 3 July 2026 are eligible for the SML 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 SML 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 SML Mahindra pay a dividend?
SML Mahindra has paid a dividend in each of the last 3 financial years, up to FY2026. In FY2026 its payout frequency was annual.
What is SML Mahindra's dividend yield?
SML Mahindra's trailing 12-month dividend yield is 0.39% as of 15 October 2026, based on ₹23.50 of dividends per share during the previous 12 months and a share price of ₹6,031.50.
How is the SML Mahindra dividend taxed?
Dividends from SML 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 SML 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 SML 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.