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Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It accepts savings, current, and term deposits, as well as provides capital gain account schemes. The company also offers housing loans, vehicle loans, topup loans, education loans, gold loans, consumer and personal loans, salary again schemes, and adhaar loans, as well as loans against properties; working capital, term, project, infrastructure, export, and bill financing services; lines of credit; commercial lease rental services; accounts takeover services; non-fund based services; micro, small, and medium enterprise loans; and agriculture loans. In addition, it provides digital banking and lending services, and government schemes; documentary credits and collections, import and export financing, guarantees, travel related forex, non-resident Indian services, remittance schemes, and risk management services; and remittance facilities, as well as hedges exchange risk. As of March 31, 2022, it operated 2,072 banking outlets, and 2,128 automated teller machines and cash recycler machines. Bank of Maharashtra was incorporated in 1935 and is headquartered in Pune, India.

Bank of Maharashtra Dividend Announcement

Bank of Maharashtra announced a semi annually dividend of ₹1.40 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-05-10
Bank of Maharashtra annual dividend for 2024 was ₹1.40
Bank of Maharashtra annual dividend for 2023 was ₹2.60
Bank of Maharashtra's trailing twelve-month (TTM) dividend yield is 2.52%

Bank of Maharashtra Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-10₹1.40semi annually2024-07-12
2023-06-01₹1.30semi annually
2023-05-23₹1.30semi annually2023-07-09
2022-06-20₹0.50semi annually2022-07-28
2015-06-19₹0.80semi annually2015-07-08
2014-02-06₹1.00semi annually2014-02-17
2013-05-30₹2.30semi annually2013-07-14
2012-06-14₹2.20semi annually2012-07-25
2011-06-16₹2.00semi annually2011-07-27
2010-06-30₹2.00semi annually2010-07-23
2009-07-02₹1.50semi annually2009-07-24
2008-05-29₹2.00semi annually2008-07-01
2007-05-30₹2.00semi annually2007-07-01

Bank of Maharashtra Dividend per year

Bank of Maharashtra Dividend growth

Bank of Maharashtra Dividend Yield

Bank of Maharashtra current trailing twelve-month (TTM) dividend yield is 2.52%. Interested in purchasing Bank of Maharashtra stock? Use our calculator to estimate your expected dividend yield:

Bank of Maharashtra Financial Ratios

P/E ratio8.05
PEG ratio1.53
P/B ratio1.72
ROE23.38%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Bank of Maharashtra Dividend FAQ

How much is the next Bank of Maharashtra dividend?
Bank of Maharashtra's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of Maharashtra dividend. The next Bank of Maharashtra dividend will be released in May, or June.
When is Bank of Maharashtra dividend paid?
Bank of Maharashtra pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, and June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank of Maharashtra pay?
The specific amount of Bank of Maharashtra dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of Maharashtra's dividend history.
Does Bank of Maharashtra stock pay dividends?
Yes, Bank of Maharashtra does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of Maharashtra's dividend history.
How much dividend does Bank of Maharashtra pay?
Bank of Maharashtra paid ₹1.4 in 2024, ₹2.6 in 2023, ₹0.5 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Bank of Maharashtra pay dividends?
Bank of Maharashtra typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and June.
What is Bank of Maharashtra's dividend yield?
The current dividend yield for Bank of Maharashtra is 2.52%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank of Maharashtra's exact dividend yield.
When does Bank of Maharashtra go ex dividend?
Bank of Maharashtra's ex-dividend date for the latest dividend was on 2024-05-10. Bank of Maharashtra typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank of Maharashtra dividend paid?
Bank of Maharashtra pays dividends on a semi annually basis, typically around May, or June, but the exact dates can vary each year.
Will Bank of Maharashtra increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank of Maharashtra will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank of Maharashtra dividend per share?
Bank of Maharashtra paid ₹1.4 per share in 2024 and ₹2.6 per share in 2023. The amount of dividend per share that Bank of Maharashtra pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank of Maharashtra a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank of Maharashtra a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank of Maharashtra a dividend stock?
Yes, Bank of Maharashtra is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of Maharashtra a good dividend stock?
Whether Bank of Maharashtra is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of Maharashtra has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Bank of Maharashtra as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bank of Maharashtra pay dividends monthly?
Bank of Maharashtra typically pays dividends on a semi annually basis.
Does Bank of Maharashtra pay dividends quarterly?
Bank of Maharashtra currently pays dividends on a semi annually basis.
Has Bank of Maharashtra ever paid a dividend?
Yes, Bank of Maharashtra has a history of paying dividends to its shareholders. Bank of Maharashtra is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of Maharashtra dividend stocks?
To buy Bank of Maharashtra you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Bank of Maharashtra stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bank of Maharashtra pay dividends 2024?
Bank of Maharashtra pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank of Maharashtra increase its dividend in 2024?
Decisions regarding Bank of Maharashtra dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank of Maharashtra dividend overview you can look into the above table of dividend history.
How Bank of Maharashtra dividend works?
The Bank of Maharashtra dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank of Maharashtra's dividend process works:

1. Determination of Dividend: Bank of Maharashtra's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Bank of Maharashtra publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Bank of Maharashtra distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Bank of Maharashtra are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bank of Maharashtra dividends paid?
Bank of Maharashtra dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Bank of Maharashtra sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Bank of Maharashtra distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Bank of Maharashtra declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bank of Maharashtra pay dividends?
Bank of Maharashtra typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank of Maharashtra pay dividends?
The general pattern is that Bank of Maharashtra pays dividends around May, and June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank of Maharashtra dividend safe?
The safety of Bank of Maharashtra's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Bank of Maharashtra's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Bank of Maharashtra's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.