MAS Financial Services Limited, a non-banking finance company, provides retail financing services in India. The company offers micro enterprise, small and medium enterprise, two-wheeler, commercial vehicle, salaried personal, used car, tractor, and housing loans; and loans to micro finance institutions and non-banking financial companies. As of March 31, 2022, it operated approximately 4,438 customer locations through a network of 125 branches in cities/towns of Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Tamil Nadu, Karnataka, and Delhi NCR. The company serves low- and middle-income individuals, as well as micro, small, and medium enterprises. MAS Financial Services Limited was incorporated in 1995 and is headquartered in Ahmedabad, India.
MAS Financial Services Dividend Announcement
• MAS Financial Services announced a semi annually dividend of ₹0.51 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-09-04
• MAS Financial Services annual dividend for 2024 was ₹3.51
• MAS Financial Services annual dividend for 2023 was ₹3.65
• MAS Financial Services's trailing twelve-month (TTM) dividend yield is 0.54%
• MAS Financial Services's dividend growth over the last five years (2018-2023) was -0.05% year
MAS Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | ₹0.51 | semi annually | 2024-10-11 |
2024-01-23 | ₹3.00 | semi annually | 2024-01-31 |
2023-07-19 | ₹1.85 | semi annually | 2023-08-25 |
2023-02-10 | ₹1.80 | semi annually | 2023-03-03 |
2022-08-12 | ₹1.75 | semi annually | 2022-09-23 |
2022-02-10 | ₹1.25 | semi annually | 2022-03-04 |
2021-08-17 | ₹1.50 | semi annually | 2021-09-24 |
2020-03-02 | ₹6.00 | semi annually | 2020-03-06 |
2019-11-21 | ₹2.00 | semi annually | 2019-11-26 |
2019-06-18 | ₹3.60 | semi annually | 2019-07-26 |
2018-11-20 | ₹1.50 | semi annually | 2018-12-01 |
2018-06-13 | ₹2.16 | semi annually | 2018-07-27 |
2017-11-17 | ₹1.50 | semi annually | 2017-11-22 |
MAS Financial Services Dividend per year
MAS Financial Services Dividend growth
MAS Financial Services Dividend Yield
MAS Financial Services current trailing twelve-month (TTM) dividend yield is 0.54%. Interested in purchasing MAS Financial Services stock? Use our calculator to estimate your expected dividend yield:
MAS Financial Services Financial Ratios
MAS Financial Services Dividend FAQ
Other factors to consider when evaluating MAS Financial Services 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: MAS Financial Services'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, MAS Financial Services 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, MAS Financial Services 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 MAS Financial Services 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: MAS Financial Services 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, MAS Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MAS Financial Services 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 MAS Financial Services'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 MAS Financial Services'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.