NSE:M&MFIN'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.35 Med: 1.27 Max: 3.14
Current: 2.28
During the past 13 years, the highest Dividend Yield of Mahindra & Mahindra Financial Services was 3.14%. The lowest was 0.35%. And the median was 1.27%.
NSE:M&MFIN's Dividend Yield % is ranked worse than 63.72% of 215
companies
in the Credit Services industry
Industry Median: 3.34
vs NSE:M&MFIN: 2.28
During the past 13 years, the highest Dividend Payout Ratio of Mahindra & Mahindra Financial Services was 0.45. The lowest was 0.09. And the median was 0.22.
During the past 12 months, Mahindra & Mahindra Financial Services's average Dividends Per Share Growth Rate was 5.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 99.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mahindra & Mahindra Financial Services was 99.00% per year. The lowest was -31.00% per year. And the median was 18.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Mahindra & Mahindra Financial Services Dividend Yield % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, Mahindra & Mahindra Financial Services's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mahindra & Mahindra Financial Services's Dividend Yield % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Mahindra & Mahindra Financial Services's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mahindra & Mahindra Financial Services's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Mahindra & Mahindra Financial Services Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 6.129848
2024-07-16
2024-07-17
2024-07-25
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Mahindra & Mahindra Financial Services Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Mahindra & Mahindra Financial Services's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Mahindra & Mahindra Financial Services Business Description
Mahindra & Mahindra Financial Services Ltd is a nonbanking financial company engaged in financing new and pre-owned auto, utility vehicles, tractors, passenger cars and commercial vehicles through its pan India branch network. The company has a diversified lending portfolio across retail, small and medium enterprises and commercial customers with a presence in rural and semi-urban India. The company has two segments : Financing Activities, that includes financing and leasing of automobiles, tractors, commercial vehicles, SMEs and housing finance.; and Other reconciling items which consists insurance broking, asset management services and trusteeship services. It derives maximum revenue from Financing Activities.
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