Mahindra & Mahindra Financial Services Limited, a non-banking financial company, provides asset finance in the rural and semi-urban areas in India. The company offers vehicle financing for auto and utility vehicles, tractors, cars, commercial vehicles and construction equipment, and preowned and other vehicles to transport operators, farmers, small businesses, and self-employed and salaried individuals; personal loans for wedding, children education, and medical emergency; and project finance, equipment finance, working capital finance, vehicle finance, and bill discounting services to small and medium-sized enterprises. It also provides housing finance for purchase, construction, extension, and renovation of property; mutual fund schemes; investments comprising fixed deposits and mutual fund distribution, as well as advisory services; and life and non-life insurance, as well as reinsurance products. Mahindra & Mahindra Financial Services Limited was incorporated in 1991 and is headquartered in Mumbai, India. Mahindra & Mahindra Financial Services Limited is a subsidiary of Mahindra & Mahindra Limited.
Mahindra & Mahindra Financial Services Dividend Announcement
• Mahindra & Mahindra Financial Services announced a annually dividend of ₹6.30 per ordinary share which will be made payable on . Ex dividend date: 2024-07-16
• Mahindra & Mahindra Financial Services annual dividend for 2024 was ₹6.30
• Mahindra & Mahindra Financial Services annual dividend for 2023 was ₹6.00
• Mahindra & Mahindra Financial Services's trailing twelve-month (TTM) dividend yield is 2.26%
Mahindra & Mahindra Financial Services Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-16 | ₹6.30 | annually | |
| 2023-07-21 | ₹6.00 | annually | |
| 2022-07-20 | ₹3.60 | annually | |
| 2021-07-16 | ₹0.80 | annually | |
| 2019-07-15 | ₹1.52 | annually | 2019-04-01 |
| 2018-07-19 | ₹2.44 | annually | 2018-04-02 |
| 2017-07-14 | ₹1.46 | annually | 2017-04-03 |
| 2016-07-14 | ₹2.44 | annually | 2016-04-01 |
| 2015-07-02 | ₹2.44 | annually | 2015-04-01 |
| 2014-07-03 | ₹2.32 | annually | 2014-04-01 |
| 2013-07-04 | ₹0.12 | annually | 2013-04-01 |
| 2012-07-05 | ₹8.54 | annually | 2012-04-02 |
Mahindra & Mahindra Financial Services Dividend per year
Mahindra & Mahindra Financial Services Dividend growth
Mahindra & Mahindra Financial Services Dividend Yield
Mahindra & Mahindra Financial Services current trailing twelve-month (TTM) dividend yield is 2.26%. Interested in purchasing Mahindra & Mahindra Financial Services stock? Use our calculator to estimate your expected dividend yield:
Mahindra & Mahindra Financial Services Financial Ratios
Mahindra & Mahindra Financial Services Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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