M&M dividend 2023: Board announces 325% dividend
M&M dividend 2023: Mahindra & Mahindra (M&M) on Friday announced a dividend of Rs 16.25 per ordinary share — a 325 per cent payout given the face value of Rs 5 per share.
)
M&M dividend 2023: Mahindra & Mahindra (M&M) on Friday announced a dividend of Rs 16.25 per ordinary share — a 325 per cent payout given the face value of Rs 5 per share. "Recommendation of a Dividend of Rs.16.25 (325%) per Ordinary (Equity) Share of the face value of Rs.5 each," the company's regulatory filing said.
M&M Q4 results
M&M reported a standalone net profit of Rs 1,549 crore for the quarter ended March 2023, missing analysts' estimates. The quarterly net profit marked an increase of 22.1 per cent compared with the corresponding period a year ago. Click here to read more
M&M share dividend history
TRENDING NOW
Source: NSE
M&M shares: Historical performance
M&M shares finished the March quarter with a gain of 7.2 per cent, as against a 4.1 per cent decline in the headline Nifty index. The Nifty Auto index dropped 2.9 per cent during this period.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com
04:38 pm
Mahindra, external investors to infuse Rs 875 crore in Classic Legends
D-Street Newsmakers: 10 stocks that buzzed the most in trade on Samvat 2079’s last session
Mahindra Last Mile Mobility gets Rs 300 crore from IFC as first tranche of investment
M&M launches SUV XUV700 in Australia; stock edges up