MAHMF Mahindra & Mahindra Limited — dividend yield, history & ex-dividend dates
Mahindra & Mahindra Limited is a multifaceted Indian conglomerate, founded in 1945 and headquartered in Mumbai, with a significant global presence. The company's expansive operations are diversified across core segments including automotive manufacturing, agricultural machinery, financial services, hospitality, real estate development, and various other ventures. Its automotive division produces a broad spectrum of vehicles, ranging from passenger cars, utility vehicles, and electric vehicles to commercial trucks, buses, and vans. This segment also extends to watercraft, motorcycles, scooters, and robust construction equipment under brands like Mahindra EarthMaster (backhoe loaders) and RoadMaster (motor graders). Furthermore, it supplies critical parts and assemblies to the aerospace and defense sectors, along with offering pre-owned car sales and related services. In the agricultural domain, the company provides comprehensive farm equipment and solutions. Its defense offerings encompass land and naval systems, advanced defense electronics, and specialized security consulting. Through its financial services arm, Mahindra & Mahindra delivers a wide array of offerings, including retail and SME loans, housing finance, vehicle and equipment financing, mutual funds, and both life and non-life insurance broking services. The company's hospitality ventures include the operation of around 100 resorts and the provision of timeshare and vacation ownership options. In real estate, it focuses on the development, management, and operation of commercial complexes. Further diversifying its portfolio, Mahindra & Mahindra operates M2All, an e-commerce platform, and engages in solar PV projects. It also provides logistics services, specialized information technology services, and various consulting expertise such as information security, risk management, engineering, and business process management. Additionally, the company offers power backup solutions like diesel and gas generators, and is involved in the manufacturing, processing, and trading of steel for automotive, non-automotive, and power industries.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
How the Dividend Safety Score is built for MAHMF
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 16% (FY2026) | 100 | 20% |
| FCF payout ratio | FCF payout ratio 62% (FY2026) | 85 | 25% |
| Net debt / EBITDA | Net debt / EBITDA 2.1x (FY2026) | 83 | 15% |
| Interest coverage | Interest coverage 3.2x (FY2026) | 47 | 10% |
| Dividend record | 23 years of uninterrupted regular payments | 87 | 20% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2022–FY2026) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for MAHMF
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 53.3% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 5 consecutive annual increases (through 2025) | 60 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 16% (FY2026) | 100 | 20% |
| Earnings per share growth (3 years) | EPS CAGR 20.5% (FY2023–FY2026) | 100 | 15% |
| Revenue growth (3 years) | Revenue CAGR 20.6% (FY2023–FY2026) | 100 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 9.8% (2015–2025) | 99 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.
Key Metrics
Current Yield
1.18%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.3462
Declared May 05, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
A Annual
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
16
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$29.41 – $44.00
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio
-
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
31
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
3.44
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
MAHMF has raised its annual dividend in 15 separate years since July 1994, which ranks 737 among the 2,430 payers with a comparable record in our dataset. In 7 years the annual total fell by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
MAHMF's dividend yield rose from 1.09% to 1.18% over the past ~90 days (+0.08 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.08 pp from the share price ($31.65 on Jul 31, 2026 → $29.41 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 273 daily observations over the past 13 months (through Oct 23, 2026), MAHMF's current yield is higher than approximately 99% of them. Our stored price history for MAHMF covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.3462 A | Regular | May 05, 2026 | Jul 02, 2026 | Jul 02, 2026 | Aug 14, 2026 |
| $0.2365 A | Regular | May 09, 2025 | Jul 01, 2025 | Jul 02, 2025 | Aug 15, 2025 |
| $0.2050 A | Regular | Jun 18, 2024 | Jul 02, 2024 | Jul 03, 2024 | Aug 12, 2024 |
| $0.1544 A | Regular | May 26, 2023 | Jul 12, 2023 | Jul 13, 2023 | Aug 21, 2023 |
| $0.1091 A | Regular | Jun 01, 2022 | Jul 13, 2022 | Jul 14, 2022 | Aug 18, 2022 |
| $0.0846 A | Regular | Jun 03, 2021 | Jul 14, 2021 | Jul 15, 2021 | Aug 18, 2021 |
| $0.0279 A | Regular | Jul 07, 2020 | Jul 15, 2020 | Jul 16, 2020 | Aug 17, 2020 |
| $0.0991 A | Regular | N/A | Jul 17, 2019 | Jul 18, 2019 | Aug 16, 2019 |
| $0.0892 A | Regular | Jun 06, 2018 | Jul 11, 2018 | Jul 12, 2018 | Aug 14, 2018 |
| $0.2038 A | Regular | Jun 12, 2017 | Jul 12, 2017 | Jul 13, 2017 | Aug 11, 2017 |
| $0.1794 A | Regular | Jul 07, 2016 | Jul 20, 2016 | Jul 21, 2016 | Aug 22, 2016 |
| $0.1850 A | Regular | N/A | Jul 14, 2015 | Jul 16, 2015 | Aug 18, 2015 |
| $0.2285 A | Regular | N/A | Jul 15, 2014 | Jul 17, 2014 | Aug 18, 2014 |
| $0.2100 A | Regular | N/A | Jul 16, 2013 | Jul 18, 2013 | Aug 21, 2013 |
| $0.2253 A | Regular | N/A | Jul 10, 2012 | Jul 12, 2012 | Aug 16, 2012 |
| $0.2531 A | Regular | N/A | Jul 12, 2011 | Jul 14, 2011 | Aug 26, 2011 |
| $0.2056 A | Regular | N/A | Jul 06, 2010 | Jul 08, 2010 | Aug 12, 2010 |
| $0.2095 A | Regular | N/A | Jul 07, 2009 | Jul 09, 2009 | Aug 13, 2009 |
| $0.2623 A | Regular | N/A | Jul 01, 2008 | Jul 03, 2008 | Aug 29, 2008 |
| $0.0987 S | Regular | N/A | Jul 02, 2007 | Jul 05, 2007 | Aug 20, 2007 |
| $0.1746 S | Regular | N/A | Mar 22, 2007 | Mar 23, 2007 | Apr 23, 2007 |
| $0.2146 A | Regular | N/A | Jun 27, 2006 | Jun 29, 2006 | Sep 05, 2006 |
| $0.2982 A | Regular | N/A | Jun 28, 2005 | Jun 29, 2005 | Aug 22, 2005 |
| $0.1930 A | Regular | N/A | Jun 25, 2004 | Jun 29, 2004 | Aug 23, 2004 |
| $0.1192 A | Regular | N/A | Jun 24, 2003 | Jun 26, 2003 | Aug 15, 2003 |
| $0.1107 A | Regular | N/A | Apr 13, 2000 | Apr 17, 2000 | Jun 12, 2000 |
| $0.1140 A | Regular | N/A | May 26, 1999 | May 28, 1999 | Sep 21, 1999 |
| $0.1250 A | Regular | N/A | Jul 07, 1997 | Jul 09, 1997 | Sep 25, 1997 |
| $0.1010 A | Regular | N/A | Sep 05, 1996 | Sep 09, 1996 | Sep 23, 1996 |
| $0.1620 A | Regular | N/A | Jul 06, 1995 | Jul 07, 1995 | Sep 22, 1995 |
| $0.0331 A | Regular | N/A | Jul 14, 1994 | Jul 15, 1994 | Oct 11, 1994 |
Peer Comparison
Selected Auto - Manufacturers dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| SZKMF | Suzuki Motor Corporation | 2.56% | 7.8% | 3 yrs | 81 |
| GWLLY | Great Wall Motor Company Limited | 5.89% | -4.4% | 1 yr | 68 |
| GWLLF | Great Wall Motor Company Limited | 5.70% | -4.2% | 1 yr | 68 |
| TOYOF | Toyota Motor Corporation | 3.30% | 8.7% | 3 yrs | 64 |
Related Guides & Lists
MAHMF dividend — frequently asked questions
Does Mahindra & Mahindra Limited pay a dividend?
Yes. Mahindra & Mahindra Limited (MAHMF) currently pays a dividend. The annualized dividend is about $0.35 per share, a yield of approximately 1.18%.
What is Mahindra & Mahindra Limited's dividend yield?
Mahindra & Mahindra Limited's dividend yield is approximately 1.18%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Mahindra & Mahindra Limited pay dividends?
Mahindra & Mahindra Limited pays dividends annually — 1 time per year.
How long has Mahindra & Mahindra Limited paid dividends?
Mahindra & Mahindra Limited has 31 years of dividend payments on record, and has increased its dividend for 5 consecutive years.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.