MFSL
Max Financial Services Ltd
₹1,145.50
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 ₹39,693.38Cr. Its share price is ₹1,145.50 as on 18 December,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 0.31%.
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: 0.31%
- 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 |
