Mahindra Logistics Limited provides integrated logistics and mobility solutions in India and internationally. It operates through two segments, Supply Chain Management (SCM) and Enterprise Mobility Services (EMS). The SCM segment provides customized and end-to-end logistics solutions and services, including transportation and distribution, warehousing, in-factory logistics, and value-added services. It also offers B2B express/part truck load, freight forwarding, last-mile delivery, and micro fulfillment and electric cargo delivery services. This segment serves domestic and multinational companies operating in various industry verticals, including automotive, engineering, e-commerce, consumer goods, pharmaceuticals, telecom, and commodities. The EMS segment provides technology-enabled people transportation solutions and services for domestic and multinational companies operating in the information technology, information technology-enabled service, business process outsourcing, financial services, consulting, e-commerce, and manufacturing industries. This segment offers integrated technology services, such as application-based interactions for route planning and optimization, round-the-clock control tower operations for tracking vehicles and passengers, and electric vehicle telematics. It also provides freight forwarding services for exports and imports, customs brokerage operations, project cargo services, and air charters; and logistics and transportation services to original equipment manufacturers for carrying finished automobiles. The company was founded in 2000 and is based in Mumbai, India. Mahindra Logistics Limited is a subsidiary of Mahindra & Mahindra Limited.
Mahindra Logistics Dividend Announcement
• Mahindra Logistics announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-12
• Mahindra Logistics annual dividend for 2024 was ₹2.50
• Mahindra Logistics annual dividend for 2023 was ₹2.50
• Mahindra Logistics's trailing twelve-month (TTM) dividend yield is 0.62%
• Mahindra Logistics's dividend growth over the last five years (2018-2023) was 10.76% year
Mahindra Logistics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-12 | ₹2.50 | annually | 2024-08-21 |
| 2023-07-14 | ₹2.50 | annually | 2023-08-23 |
| 2022-07-21 | ₹2.00 | annually | 2022-08-28 |
| 2021-07-19 | ₹2.50 | annually | 2021-08-26 |
| 2020-07-23 | ₹1.50 | annually | 2020-08-29 |
| 2019-07-23 | ₹1.80 | annually | 2019-08-31 |
| 2018-07-25 | ₹1.50 | annually | 2018-09-01 |
Mahindra Logistics Dividend per year
Mahindra Logistics Dividend growth
Mahindra Logistics Dividend Yield
Mahindra Logistics current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Mahindra Logistics stock? Use our calculator to estimate your expected dividend yield:
Mahindra Logistics Financial Ratios
P/E ratio-57.24
PEG ratio-9.94
P/B ratio6.38
ROE-10.23%
Payout ratio0.00%
Current ratio0.90
Quick ratio1.37
Cash Ratio0.01
Mahindra Logistics Dividend FAQ
How much is the next Mahindra Logistics dividend?
Mahindra Logistics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mahindra Logistics dividend. The next Mahindra Logistics dividend will be released in July.
When is Mahindra Logistics dividend paid?
Mahindra Logistics pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Mahindra Logistics pay?
The specific amount of Mahindra Logistics 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 Mahindra Logistics's dividend history.
Does Mahindra Logistics stock pay dividends?
Yes, Mahindra Logistics 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 Mahindra Logistics's dividend history.
How much dividend does Mahindra Logistics pay?
Mahindra Logistics paid ₹2.5 in 2024, ₹2.5 in 2023, ₹2.0 in 2022, ₹2.5 in 2021, and ₹1.5 in 2020.
How often does Mahindra Logistics pay dividends?
Mahindra Logistics 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 July.
What is Mahindra Logistics's dividend yield?
The current dividend yield for Mahindra Logistics is 0.62%. 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 Mahindra Logistics's exact dividend yield.
When does Mahindra Logistics go ex dividend?
Mahindra Logistics's ex-dividend date for the latest dividend was on 2024-07-12. Mahindra Logistics 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 Mahindra Logistics dividend paid?
Mahindra Logistics pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Mahindra Logistics 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 Mahindra Logistics 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 Mahindra Logistics dividend per share?
Mahindra Logistics paid ₹2.5 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Mahindra Logistics 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 Mahindra Logistics 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 Mahindra Logistics 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 Mahindra Logistics a dividend stock?
Yes, Mahindra Logistics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mahindra Logistics a good dividend stock?
Whether Mahindra Logistics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mahindra Logistics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mahindra Logistics 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.
Other factors to consider when evaluating Mahindra Logistics 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 Mahindra Logistics pay dividends monthly?
Mahindra Logistics typically pays dividends on a annually basis.
Does Mahindra Logistics pay dividends quarterly?
Mahindra Logistics currently pays dividends on a annually basis.
Has Mahindra Logistics ever paid a dividend?
Yes, Mahindra Logistics has a history of paying dividends to its shareholders. Mahindra Logistics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mahindra Logistics dividend stocks?
To buy Mahindra Logistics 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 Mahindra Logistics 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.
Place an order: Use the brokerage's trading platform to place an order to buy Mahindra Logistics 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 Mahindra Logistics pay dividends 2024?
Mahindra Logistics pays dividends on a annually basis. 2024 dividend payments are in 2024-08-21. 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 Mahindra Logistics increase its dividend in 2024?
Decisions regarding Mahindra Logistics 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 Mahindra Logistics dividend overview you can look into the above table of dividend history.
How Mahindra Logistics dividend works?
The Mahindra Logistics 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 Mahindra Logistics's dividend process works:
1. Determination of Dividend: Mahindra Logistics'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, Mahindra Logistics 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, Mahindra Logistics 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 Mahindra Logistics 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.
1. Determination of Dividend: Mahindra Logistics'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, Mahindra Logistics 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, Mahindra Logistics 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 Mahindra Logistics 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 Mahindra Logistics dividends paid?
Mahindra Logistics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mahindra Logistics 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, Mahindra Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mahindra Logistics 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.
1. Record Date: Mahindra Logistics 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, Mahindra Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mahindra Logistics 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 Mahindra Logistics pay dividends?
Mahindra Logistics 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 Mahindra Logistics pay dividends?
The general pattern is that Mahindra Logistics pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mahindra Logistics dividend safe?
The safety of Mahindra Logistics'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 Mahindra Logistics'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 Mahindra Logistics'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.
To assess the safety of Mahindra Logistics'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 Mahindra Logistics'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.