M&MFIN
Mahindra & Mahindra Financial Services Ltd
₹256.25
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 ₹32,069.68Cr. Its share price is ₹256.25 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mahindra & Mahindra Financial Services Ltd gave ₹6.30 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 2024, Mahindra & Mahindra Financial Services Ltd has declared dividend of ₹6.30 - translating a dividend yield of 2.46%.
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 ₹4,493.63Cr in the quarter ending September 2024. The revenue grew by 15.89% year on year basis since last quarter.
- Mahindra & Mahindra Financial Services Ltd’s profits were ₹389.42Cr in the quarter ending September 2024. The profits grew by 38.54% year on year basis since last quarter.
- Mahindra & Mahindra Financial Services Ltd’s dividend was ₹6.30 in the quarter ending March 2024.
Mahindra & Mahindra Financial Services Ltd Dividend related ratios:
- Last dividend date: 04/05/2024
- Current Dividend Yield: 2.46%
- Annual dividend payment: ₹6.30
History of Mahindra & Mahindra Financial Services Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/07/2024 | CASH | ₹6.30 | 04/05/2024 | 17/07/2024 |
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 |
View More
