Max Financial Services Ltd Dividend 2024 : Should Max Financial Services Ltd be a part of your dividend portfolio?
Max Financial Services Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹42,518.14Cr. Its share price is ₹1,232.65 as on 16 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Max Financial Services Ltd gave ₹3.60 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 Max Financial Services Ltd pays dividends to reward its shareholders.
In the quarter ending March 2016, Max Financial Services Ltd has declared dividend of ₹1.80 - translating a dividend yield of 0.29%.
Let's look at Max Financial Services Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Max Financial Services Ltd’s revenue were ₹13,376.12Cr in the quarter ending September 2024. The revenue grew by 31.28% year on year basis since last quarter.
Max Financial Services Ltd’s profits were ₹112.56Cr in the quarter ending September 2024. The profits fell by -23.89% year on year basis since last quarter.
Max Financial Services Ltd’s dividend was ₹1.80 in the quarter ending March 2016.
Max Financial Services Ltd Dividend related ratios:
Last dividend date: 30/05/2016
Current Dividend Yield: 0.29%
Annual dividend payment: ₹3.60
History of Max Financial Services Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
19/09/2016
CASH
₹1.80
30/05/2016
21/09/2016
19/11/2015
CASH
₹1.80
06/11/2015
20/11/2015
15/09/2015
CASH
₹1
27/05/2015
17/09/2015
25/11/2014
CASH
₹4
12/11/2014
26/11/2014
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