Manappuram Finance Limited, a gold loan non-banking financial company, provides retail credit products and financial services in India. It offers loans against the security of used household gold jewelry; gold loans and online gold loans; microfinance loans and other financial services to low-income populations in rural and semi-urban areas; loans for building, extension, purchase, and improvement of homes; life and non-life insurance products; and IT solutions. The company also provides fee-based services, which include money transfer, foreign exchange, and depository services. In addition, it offers vehicle and equipment finance, including auto loans, as well as two-wheeler, construction equipment, and farm equipment finance. The company serves retail, microfinance, small and medium enterprises, and commercial customers. As of March 31, 2022, it operated 3,526 branches in 22 states and 6 Union Territories. The company was formerly known as Manappuram General Finance and Leasing Limited and changed its name to Manappuram Finance Limited in 2011. Manappuram Finance Limited was founded in 1949 and is based in Thrissur, India.
Manappuram Finance Dividend Announcement
• Manappuram Finance announced a quarterly dividend of ₹1.00 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-18
• Manappuram Finance annual dividend for 2024 was ₹3.90
• Manappuram Finance annual dividend for 2023 was ₹3.15
• Manappuram Finance's trailing twelve-month (TTM) dividend yield is 2.49%
• Manappuram Finance's dividend growth over the last five years (2018-2023) was 8.45% year
• Manappuram Finance's dividend growth over the last ten years (2013-2023) was 2.76% year
Manappuram Finance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | ₹1.00 | quarterly | 2024-12-04 |
2024-08-26 | ₹1.00 | quarterly | 2024-09-11 |
2024-06-05 | ₹1.00 | quarterly | 2024-06-22 |
2024-02-19 | ₹0.90 | quarterly | 2024-03-07 |
2023-11-24 | ₹0.85 | quarterly | 2023-12-13 |
2023-08-23 | ₹0.80 | quarterly | 2023-09-08 |
2023-05-24 | ₹0.75 | quarterly | 2023-06-10 |
2023-02-15 | ₹0.75 | quarterly | 2023-03-04 |
2022-11-22 | ₹0.75 | quarterly | 2022-12-10 |
2022-08-17 | ₹0.75 | quarterly | 2022-09-02 |
2022-05-27 | ₹0.75 | quarterly | 2022-06-16 |
2022-02-24 | ₹0.75 | quarterly | 2022-03-15 |
2021-11-24 | ₹0.75 | quarterly | 2021-12-11 |
2021-08-20 | ₹0.75 | quarterly | 2021-09-09 |
2021-06-04 | ₹0.75 | quarterly | 2021-06-22 |
2021-02-10 | ₹0.65 | quarterly | 2021-02-26 |
2020-11-18 | ₹0.60 | quarterly | 2020-12-05 |
2020-03-12 | ₹0.55 | quarterly | 2020-03-27 |
2020-02-06 | ₹0.55 | quarterly | 2020-02-26 |
2019-11-19 | ₹0.55 | quarterly | 2019-12-05 |
2019-08-23 | ₹0.55 | quarterly | 2019-09-11 |
2019-05-27 | ₹0.55 | quarterly | 2019-06-13 |
2019-02-15 | ₹0.55 | quarterly | 2019-03-06 |
2018-11-19 | ₹0.55 | quarterly | 2018-12-05 |
2018-08-23 | ₹0.55 | quarterly | 2018-09-07 |
2018-05-29 | ₹0.50 | quarterly | 2018-06-16 |
2018-02-20 | ₹0.50 | quarterly | 2018-03-09 |
2017-11-16 | ₹0.50 | quarterly | 2017-12-06 |
2017-08-22 | ₹0.50 | quarterly | 2017-09-09 |
2017-06-05 | ₹0.50 | quarterly | 2017-06-24 |
2017-02-16 | ₹0.50 | quarterly | 2017-03-09 |
2016-11-22 | ₹0.50 | quarterly | |
2016-11-18 | ₹0.50 | quarterly | |
2016-08-22 | ₹0.50 | quarterly | 2016-09-08 |
2016-03-22 | ₹0.45 | quarterly | 2016-04-09 |
2016-02-23 | ₹0.45 | quarterly | 2016-03-12 |
2015-11-24 | ₹0.45 | quarterly | 2015-12-05 |
2015-09-04 | ₹0.45 | quarterly | 2015-09-12 |
2015-05-25 | ₹0.45 | quarterly | 2015-06-03 |
2015-02-12 | ₹0.45 | quarterly | 2015-02-21 |
2014-11-12 | ₹0.45 | quarterly | 2014-11-19 |
2014-08-07 | ₹0.45 | quarterly | |
2014-07-23 | ₹0.45 | quarterly | 2014-08-30 |
2014-02-18 | ₹0.45 | quarterly | 2014-03-04 |
2013-11-25 | ₹0.45 | quarterly | 2013-12-13 |
2013-08-22 | ₹0.45 | quarterly | 2013-09-08 |
2013-03-22 | ₹1.50 | quarterly | 2013-09-09 |
Manappuram Finance Dividend per year
Manappuram Finance Dividend growth
Manappuram Finance Dividend Yield
Manappuram Finance current trailing twelve-month (TTM) dividend yield is 2.49%. Interested in purchasing Manappuram Finance stock? Use our calculator to estimate your expected dividend yield:
Manappuram Finance Financial Ratios
Manappuram Finance Dividend FAQ
Other factors to consider when evaluating Manappuram Finance 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.
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1. Determination of Dividend: Manappuram Finance'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, Manappuram Finance 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, Manappuram Finance 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 Manappuram Finance 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. Record Date: Manappuram Finance 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, Manappuram Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Manappuram Finance 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.
To assess the safety of Manappuram Finance'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 Manappuram Finance'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.