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MAHMF Mahindra & Mahindra Limited — dividend yield, history & ex-dividend dates

Other OTC· Annual dividend· Common Stock · Consumer Cyclical / Auto - Manufacturers

$29.41 ▲ $0.00(0.00%) as of Oct 29, 2026 06:20 UTC
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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

StatusRecently Increased
Last Dividend$0.3462Paid Aug 14, 2026
Forward Annual$0.35From the $0.3462 dividend declared May 05, 2026
FrequencyAnnual
Last Ex-DateJul 02, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth15.4%Annual totals, 2024–2025
10-Yr Growth9.8%Annual totals, 2015–2025

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.

Dividend Safety Score

86/100

Very strong indicators

Complete data

Dividend Growth Score

92/100

Very strong growth record

Complete data

Dividend Value Score

Not Rated

only 40% of the inputs available (60% needed)

DividendRank

77/100

Upper middle of the scale

Partial data

How the Dividend Safety Score is built for MAHMF
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 16% (FY2026) 100 20%
FCF payout ratioFCF payout ratio 62% (FY2026) 85 25%
Net debt / EBITDANet debt / EBITDA 2.1x (FY2026) 83 15%
Interest coverageInterest coverage 3.2x (FY2026) 47 10%
Dividend record23 years of uninterrupted regular payments 87 20%
Earnings stabilityNet 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
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 53.3% (2020–2025) 100 25%
Consecutive annual increases5 consecutive annual increases (through 2025) 60 20%
Payout headroomHeadroom 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 growth10-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

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 86/100, yield 1.18%.
A Accelerating
5 consecutive years of dividend increases.
F Flawless
The record shows a gap in the regular dividend of more than 1.5 times its usual interval (a payment was due around April 2001).
E Enduring
31 years of dividend payments on record.

Quote & Key Data

ExchangeOther OTCThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume2Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$29.41Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$29.41 – $29.41Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$29.41Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$35.31BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out1.20BImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)INR 165.2512 months to Jun 30, 2026 (Q1 FY2027); reported in INREarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)17.3Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateJul 02, 2026Paid Aug 14, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)29.4%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)53.3%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases5 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose15Since Jul 1994
Rank among payers737of 2,430 with a record
Years it fell over 20%7in 28 comparable years
Of peers with 10 to 24 up years75%also cut at some point

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

Current1.18%
1-Yr Average0.83%
Low / High0.54% – 1.18%
Percentile99%

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.

TickerNameYield5-Yr GrowthStreakRank
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

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.