Has M & M Fin. Serv. declared dividend?
Mahindra & Mahindra Financial Services Ltd has declared a dividend of 315% (₹6.3 per share) with an ex-date of July 16, 2024. While recent short-term returns have been negative, long-term returns over several years show strong positive growth.
Mahindra & Mahindra Financial Services Ltd has declared a dividend.Dividend Details:
- Percentage announced: 315%
- Amount per share: 6.3
- Ex-date: Jul-16-2024
Dividend Yield: 2.13%.
Total Returns by Period:
Over the past 6 months, the price return was -0.68%, with a dividend return of 0%, resulting in a total return of -0.68%.
In the 1-year period, the price return was -0.72%, the dividend return was 2.16%, leading to a total return of 1.44%.
For the 2-year period, the price return was -6.12%, the dividend return was 3.89%, resulting in a total return of -2.23%.
During the 3-year period, the price return was 48.16%, with a dividend return of 9.39%, which resulted in a total return of 57.55%.
In the 4-year period, the price return was 64.2%, the dividend return was 10.53%, leading to a total return of 74.73%.
Over the 5-year period, the price return was 78.82%, with a dividend return of 9.03%, resulting in a total return of 87.85%.
Overall, Mahindra & Mahindra Financial Services Ltd has declared a significant dividend, and while recent short-term returns have been negative, the longer-term returns over several years show strong positive growth, indicating a potentially favorable investment outlook.
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