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Marico Limited, together with its subsidiaries, manufactures and markets consumer products. It offers coconut oils, hair oils, refined edible oils, anti-lice treatments, fabric care, immunity boosting and healthy foods, hair gels, hair serums, shampoos, hair creams and conditioners, deodorants, body lotion and gels, shower gels, hair relaxers and straighteners, fabric care, baby care, and skin care and male grooming products, as well as hygiene products. The company markets its products under the Parachute, Parachute Advansed, Nihar Naturals, Saffola, Saffola FITTIFY Gourmet, Saffola Immuniveda, Hair & Care, Coco Soul, Beardo, Just Herbs, Revive, Mediker, Livon, and Set-wet brand names in India; and under the Parachute, Parachute Advansed, Fiancée, Hair Code, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-men, Mediker SafeLife, Isoplus, and Thuan Phat brand names internationally. Its distribution network comprises regional offices, carrying and forwarding agents, redistribution centers, and distributors. The company was incorporated in 1988 and is headquartered in Mumbai, India.

Marico Dividend Announcement

Marico announced a semi annually dividend of ₹6.50 per ordinary share which will be made payable on 2024-03-28. Ex dividend date: 2024-03-06
Marico annual dividend for 2024 was ₹6.50
Marico annual dividend for 2023 was ₹7.50
Marico's trailing twelve-month (TTM) dividend yield is 1.39%
Marico's dividend growth over the last five years (2018-2023) was 10.76% year
Marico's dividend growth over the last ten years (2013-2023) was 19.62% year

Marico Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-06₹6.50semi annually2024-03-28
2023-11-07₹3.00semi annually2023-11-29
2023-03-08₹4.50semi annually2023-03-29
2022-02-04₹6.25semi annually2022-02-25
2021-11-08₹3.00semi annually2021-11-26
2021-03-10₹4.50semi annually2021-04-02
2020-11-05₹3.00semi annually2020-11-27
2020-03-16₹0.75semi annually2020-04-05
2020-02-06₹3.25semi annually2020-02-28
2019-11-04₹2.75semi annually2019-11-22
2019-02-12₹2.75semi annually2019-03-06
2018-11-12₹2.00semi annually2018-11-29
2018-02-16₹2.50semi annually2018-03-09
2017-11-06₹1.75semi annually2017-11-29
2017-02-09₹2.00semi annually2017-03-03
2016-11-16₹1.50semi annually2016-12-02
2016-03-17₹1.00semi annually2016-03-30
2016-02-05₹1.50semi annually2016-02-29
2015-11-09₹1.75semi annually2015-12-01
2015-02-06₹1.50semi annually2015-03-02
2014-11-13₹1.00semi annually2014-12-07
2014-03-27₹1.75semi annually2014-04-22
2014-02-06₹1.00semi annually2014-02-28
2013-11-01₹0.75semi annually
2013-05-03₹0.50semi annually2013-05-28

Marico Dividend per year

Marico Dividend growth

Marico Dividend Yield

Marico current trailing twelve-month (TTM) dividend yield is 1.39%. Interested in purchasing Marico stock? Use our calculator to estimate your expected dividend yield:

Marico Financial Ratios

P/E ratio58.46
PEG ratio2.05
P/B ratio21.28
ROE36.10%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Marico Dividend FAQ

How much is the next Marico dividend?
Marico's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Marico dividend. The next Marico dividend will be released in March, or November.
When is Marico dividend paid?
Marico pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and November. 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 Marico pay?
The specific amount of Marico 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 Marico's dividend history.
Does Marico stock pay dividends?
Yes, Marico 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 Marico's dividend history.
How much dividend does Marico pay?
Marico paid ₹6.5 in 2024, ₹7.5 in 2023, ₹6.25 in 2022, ₹7.5 in 2021, and ₹7.0 in 2020.
How often does Marico pay dividends?
Marico 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 March, and November.
What is Marico's dividend yield?
The current dividend yield for Marico is 1.39%. 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 Marico's exact dividend yield.
When does Marico go ex dividend?
Marico's ex-dividend date for the latest dividend was on 2024-03-06. Marico 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 Marico dividend paid?
Marico pays dividends on a semi annually basis, typically around March, or November, but the exact dates can vary each year.
Will Marico 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 Marico 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 Marico dividend per share?
Marico paid ₹6.5 per share in 2024 and ₹7.5 per share in 2023. The amount of dividend per share that Marico 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 Marico 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 Marico 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 Marico a dividend stock?
Yes, Marico is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Marico a good dividend stock?
Whether Marico is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Marico has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Marico 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 Marico pay dividends monthly?
Marico typically pays dividends on a semi annually basis.
Does Marico pay dividends quarterly?
Marico currently pays dividends on a semi annually basis.
Has Marico ever paid a dividend?
Yes, Marico has a history of paying dividends to its shareholders. Marico is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Marico dividend stocks?
To buy Marico 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 Marico 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 Marico pay dividends 2024?
Marico pays dividends on a semi annually basis. 2024 dividend payments are in 2024-03-28. 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 Marico increase its dividend in 2024?
Decisions regarding Marico 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 Marico dividend overview you can look into the above table of dividend history.
How Marico dividend works?
The Marico 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 Marico's dividend process works:

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

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

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