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Bank of Maharashtra Stock Dividends Overview

MAHABANK.NS pays dividends yearly. Last paid amount was ₹1.30 at Jun 02, 2023. As of today, dividend yield (TTM) is 14.77%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 14.77%
Frequency Yearly
1Y Growth 7.69%
Payout Ratio 0
Amount Per Share ₹1.40
Next Ex-Dividend Date May 10, 2024
Next Payment Date Jul 01, 2024

MAHABANK Dividend Payout History

To ensure a understanding of MAHABANK's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 10, 2024 May 10, 2024 Jul 01, 2024 ₹1.40 2.18%
2 Jun 02, 2023 Jun 02, 2023 Jun 02, 2023 ₹1.30 4.12%
3 Jun 01, 2023 Jun 01, 2023 Jun 01, 2023 ₹1.30 4.15%
4 May 23, 2023 May 23, 2023 May 23, 2023 ₹1.30 4.32%
5 Jun 20, 2022 Jun 20, 2022 Jun 20, 2022 ₹0.500 3.30%
6 May 14, 2015 Jun 19, 2015 Jul 08, 2015 ₹0.80 2.12%
7 Jan 23, 2014 Feb 06, 2014 Feb 17, 2014 ₹1.00 3.39%
8 Apr 29, 2013 May 30, 2013 Jul 14, 2013 ₹2.30 4.65%
9 May 05, 2012 Jun 14, 2012 Jul 25, 2012 ₹2.20 4.73%
10 Apr 30, 2011 Jun 16, 2011 Jul 27, 2011 ₹2.00 3.52%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

Decrease likely (47.07%)

MAHABANK Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MAHABANK dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MAHABANK stock here.

Comparing MAHABANK to Sector and Country

MAHABANK.NS pays a solid dividend yield of 14.77%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.187%). MAHABANK.NS’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the IN market (5.58%).

FAQ

What factors can affect the amount of MAHABANK.NS's dividend payments?
The amount of MAHABANK.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MAHABANK.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MAHABANK.NS stock be automatically reinvested?
If MAHABANK.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MAHABANK.NS stock.

How often does MAHABANK.NS pay dividend?
Bank of Maharashtra (MAHABANK.NS) pays dividends yearly. The most recent payout was on Jun 02, 2023. The upcoming dividend Ex Date is May 10, 2024, with an amount of ₹1.40.

How much does MAHABANK.NS pays per share?
The last recorder (Jun 02, 2023) dividend per share was ₹1.30.

What is MAHABANK.NS dividend growth rate?
Over the last year, Bank of Maharashtra has witnessed growth rate of 7.69% . Looking back over the past 3 years, this growth rate has been 40.95%. Furthermore, examining the past 5 years, Bank of Maharashtra has maintained an average Dividends Per Share Growth Rate of 22.87%.
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About Bank of Maharashtra

Bank of Maharashtra Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It accepts savings, current, and term deposits, as well as provides capital gain account schemes. The company also provides term loans, overdrafts, letters of credit, guarantees, and other products, as well as loans for exporters, agriculturists, corporates, en... MAHABANK.NS Profile

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