MAHABANK
Bank of Maharashtra
₹50.17
Bank of Maharashtra Dividend 2024 : Should Bank of Maharashtra be a part of your dividend portfolio?
Bank of Maharashtra is one of the most popular Financial Services company in the world with a market capitalisation of ₹38,603.91Cr. Its share price is ₹50.17 as on 14 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bank of Maharashtra gave ₹1.40 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 Bank of Maharashtra pays dividends to reward its shareholders.
- In the quarter ending March 2024, Bank of Maharashtra has declared dividend of ₹1.40 - translating a dividend yield of 2.79%.
Let's look at Bank of Maharashtra’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Bank of Maharashtra’s revenue were ₹6,809.43Cr in the quarter ending September 2024. The revenue grew by 18.72% year on year basis since last quarter.
- Bank of Maharashtra’s profits were ₹1,332.77Cr in the quarter ending September 2024. The profits grew by 44.89% year on year basis since last quarter.
- Bank of Maharashtra’s dividend was ₹1.40 in the quarter ending March 2024.
Bank of Maharashtra Dividend related ratios:
- Last dividend date: 26/04/2024
- Current Dividend Yield: 2.79%
- Annual dividend payment: ₹1.40
History of Bank of Maharashtra's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/05/2024 | CASH | ₹1.40 | 26/04/2024 | 10/05/2024 |
23/05/2023 | CASH | ₹1.30 | 24/04/2023 | 23/05/2023 |
20/06/2022 | CASH | ₹0.50 | 25/05/2022 | 21/06/2022 |
19/06/2015 | CASH | ₹0.80 | 14/05/2015 | 23/06/2015 |
