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MRF Limited, together with its subsidiaries, manufactures, sells, and trades in rubber products in India and internationally. The company provides rubber products, such as tires, tubes, flaps, and tread rubber; tires for trucks, farm vehicles, LCVs, SCVs, MCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs; and manufactures specialty coatings. It is also involved in the paints and coats, toys, motorsports, and cricket training businesses. In addition, the company operates MRF T&S, MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that provide computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. MRF Limited sells its products through approximately 5,000 dealer networks. The company was founded in 1946 and is based in Chennai, India.

MRF Dividend Announcement

MRF announced a quarterly dividend of ₹194.00 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-25
MRF annual dividend for 2024 was ₹197.00
MRF annual dividend for 2023 was ₹175.00
MRF's trailing twelve-month (TTM) dividend yield is 0.15%
MRF's dividend growth over the last five years (2018-2023) was 23.87% year
MRF's dividend growth over the last ten years (2013-2023) was 21.48% year

MRF Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-25₹194.00quarterly2024-08-31
2024-02-21₹3.00quarterly
2023-11-17₹3.00quarterly2023-12-03
2023-07-20₹169.00quarterly2023-08-21
2023-02-21₹3.00quarterly2023-03-06
2022-11-17₹3.00quarterly2022-12-02
2022-07-27₹144.00quarterly2022-09-03
2022-02-17₹3.00quarterly2022-03-12
2021-11-17₹3.00quarterly2021-12-09
2021-08-04₹50.00quarterly2021-09-11
2021-02-17₹3.00quarterly2021-03-13
2020-11-18₹3.00quarterly2020-12-06
2020-09-14₹94.00quarterly2020-10-24
2020-02-18₹3.00quarterly2020-03-11
2019-11-21₹3.00quarterly2019-12-08
2019-08-01₹54.00quarterly2019-09-08
2019-02-15₹3.00quarterly2019-03-09
2018-11-19₹3.00quarterly2018-12-08
2018-08-01₹54.00quarterly2018-09-08
2018-02-09₹3.00quarterly2018-03-03
2017-11-21₹3.00quarterly2017-12-10
2017-07-27₹54.00quarterly2017-09-03
2017-02-14₹3.00quarterly2017-03-05
2016-11-08₹3.00quarterly2016-11-26
2016-08-03₹94.00quarterly2016-09-11
2015-11-10₹3.00quarterly2015-11-28
2015-08-06₹3.00quarterly2015-08-26
2015-02-04₹44.00quarterly2015-03-14
2014-11-13₹3.00quarterly2014-11-29
2014-08-06₹3.00quarterly2014-08-22
2014-01-30₹24.00quarterly2014-03-08
2013-11-05₹3.00quarterly2013-11-23
2013-08-06₹3.00quarterly2013-08-24
2013-01-30₹19.00quarterly2013-03-08

MRF Dividend per year

MRF Dividend growth

MRF Dividend Yield

MRF current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing MRF stock? Use our calculator to estimate your expected dividend yield:

MRF Financial Ratios

P/E ratio26.93
PEG ratio0.27
P/B ratio3.33
ROE12.69%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

MRF Dividend FAQ

How much is the next MRF dividend?
MRF's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MRF dividend. The next MRF dividend will be released in February, July, or November.
When is MRF dividend paid?
MRF pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, July, 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 MRF pay?
The specific amount of MRF 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 MRF's dividend history.
Does MRF stock pay dividends?
Yes, MRF 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 MRF's dividend history.
How much dividend does MRF pay?
MRF paid ₹197 in 2024, ₹175 in 2023, ₹150 in 2022, ₹56 in 2021, and ₹100 in 2020.
How often does MRF pay dividends?
MRF typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, July, and November.
What is MRF's dividend yield?
The current dividend yield for MRF is 0.15%. 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 MRF's exact dividend yield.
When does MRF go ex dividend?
MRF's ex-dividend date for the latest dividend was on 2024-07-25. MRF 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 MRF dividend paid?
MRF pays dividends on a quarterly basis, typically around February, July, or November, but the exact dates can vary each year.
Will MRF 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 MRF 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 MRF dividend per share?
MRF paid ₹197 per share in 2024 and ₹175 per share in 2023. The amount of dividend per share that MRF 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 MRF 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 MRF 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 MRF a dividend stock?
Yes, MRF is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MRF a good dividend stock?
Whether MRF is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MRF has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MRF 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 MRF pay dividends monthly?
MRF typically pays dividends on a quarterly basis.
Does MRF pay dividends quarterly?
MRF currently pays dividends on a quarterly basis.
Has MRF ever paid a dividend?
Yes, MRF has a history of paying dividends to its shareholders. MRF is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MRF dividend stocks?
To buy MRF 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 MRF 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 MRF pay dividends 2024?
MRF pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-31. 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 MRF increase its dividend in 2024?
Decisions regarding MRF 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 MRF dividend overview you can look into the above table of dividend history.
How MRF dividend works?
The MRF 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 MRF's dividend process works:

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

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

3. Currency: MRF 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 MRF pay dividends?
MRF typically pays dividends on a quarterly 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 MRF pay dividends?
The general pattern is that MRF pays dividends around February, July, 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 MRF dividend safe?
The safety of MRF'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 MRF'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 MRF'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.