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JM Financial Limited provides various integrated and diversified financial services to corporations, financial institutions, high net-worth individuals, and retail customers in India. The company operates through four segments: Investment Bank, Mortgage Lending, Alternative & Distressed Credit, and Asset Management, Wealth Management & Securities Business (Platform AWS). The Investment Bank segment manages capital markets transactions, as well as advises on mergers and acquisitions, and private equity syndication. This segment also engages in institutional equities business and research, private equity funds, fixed income, syndication, and finance. The Mortgage Lending segment provides finance against commercial and residential real estate to a range of corporates and non-corporate clients. This segment also engages in educational institutions lending and housing finance businesses. The Alternative & Distressed Credit segment provides securitization and reconstruction of financial assets and manages alternative credit funds. The Platform AWS segment provides investment advisory and distribution services, which include equity brokerage, wealth management, and capital market lending for wealth management and broking clients, as well as distributes financial products; and manages mutual fund assets through various schemes. JM Financial Limited was founded in 1973 and is headquartered in Mumbai, India.

JM Financial Dividend Announcement

JM Financial announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-06-07
JM Financial annual dividend for 2024 was ₹2.00
JM Financial annual dividend for 2023 was ₹0.90
JM Financial's trailing twelve-month (TTM) dividend yield is 1.48%
JM Financial's dividend growth over the last five years (2018-2023) was -12.94% year

JM Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-07₹2.00annually2024-09-05
2023-05-19₹0.90annually2023-09-02
2022-11-24₹0.90annually2022-12-14
2022-07-07₹1.15annually2022-09-01
2022-02-17₹0.50annually2022-03-07
2021-05-28₹0.50annually2021-08-27
2020-05-15₹0.20annually2020-08-29
2019-05-10₹0.50annually2019-08-18
2019-01-31₹0.50annually2019-02-22
2018-05-10₹1.10annually2018-08-17
2018-01-31₹0.70annually2018-02-18
2017-05-11₹0.85annually2017-08-23
2017-02-02₹0.65annually2017-02-22
2016-05-23₹0.85annually2016-08-04
2016-02-11₹0.60annually2016-03-04
2015-06-08₹0.80annually2015-08-29
2015-02-05₹0.55annually2015-02-27
2014-06-25₹0.55annually2014-08-02
2014-02-07₹0.45annually2014-02-28
2013-07-22₹0.50annually2013-08-30
2013-02-15₹0.40annually2013-03-09

JM Financial Dividend per year

JM Financial Dividend growth

JM Financial Dividend Yield

JM Financial current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing JM Financial stock? Use our calculator to estimate your expected dividend yield:

JM Financial Financial Ratios

P/E ratio26.07
PEG ratio3.82
P/B ratio1.49
ROE5.01%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

JM Financial Dividend FAQ

How much is the next JM Financial dividend?
JM Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next JM Financial dividend. The next JM Financial dividend will be released in May.
When is JM Financial dividend paid?
JM Financial pays dividends on a annually basis. The specific dates may vary each year but are generally around May. 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 JM Financial pay?
The specific amount of JM Financial 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 JM Financial's dividend history.
Does JM Financial stock pay dividends?
Yes, JM Financial 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 JM Financial's dividend history.
How much dividend does JM Financial pay?
JM Financial paid ₹2.0 in 2024, ₹0.9 in 2023, ₹2.55 in 2022, ₹0.5 in 2021, and ₹0.2 in 2020.
How often does JM Financial pay dividends?
JM Financial typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is JM Financial's dividend yield?
The current dividend yield for JM Financial is 1.48%. 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 JM Financial's exact dividend yield.
When does JM Financial go ex dividend?
JM Financial's ex-dividend date for the latest dividend was on 2024-06-07. JM Financial 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 JM Financial dividend paid?
JM Financial pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will JM Financial 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 JM Financial 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 JM Financial dividend per share?
JM Financial paid ₹2.0 per share in 2024 and ₹0.9 per share in 2023. The amount of dividend per share that JM Financial 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 JM Financial 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 JM Financial 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 JM Financial a dividend stock?
Yes, JM Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is JM Financial a good dividend stock?
Whether JM Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. JM Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating JM Financial 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 JM Financial pay dividends monthly?
JM Financial typically pays dividends on a annually basis.
Does JM Financial pay dividends quarterly?
JM Financial currently pays dividends on a annually basis.
Has JM Financial ever paid a dividend?
Yes, JM Financial has a history of paying dividends to its shareholders. JM Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy JM Financial dividend stocks?
To buy JM Financial 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 JM Financial 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 JM Financial pay dividends 2024?
JM Financial pays dividends on a annually basis. 2024 dividend payments are in 2024-09-05. 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 JM Financial increase its dividend in 2024?
Decisions regarding JM Financial 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 JM Financial dividend overview you can look into the above table of dividend history.
How JM Financial dividend works?
The JM Financial 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 JM Financial's dividend process works:

1. Determination of Dividend: JM Financial'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, JM Financial 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, JM Financial 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 JM Financial 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 JM Financial dividends paid?
JM Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: JM Financial 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, JM Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: JM Financial 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 JM Financial pay dividends?
JM Financial typically pays dividends on a 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 JM Financial pay dividends?
The general pattern is that JM Financial pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is JM Financial dividend safe?
The safety of JM Financial'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 JM Financial'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 JM Financial'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.