Mahindra & Mahindra (M&M) has announced a final dividend of 660% for the financial year 2025-26, rewarding its shareholders with a substantial payout. The company, a leading player in the automotive and farm equipment sectors, declared this dividend in its board meeting held on May 5, 2026.
Dividend Details
The board of directors recommended a final dividend of Rs 66 per equity share of face value Rs 10 each, translating to a 660% dividend. This is subject to the approval of shareholders at the upcoming annual general meeting (AGM).
Record Date and Payment
M&M has fixed the record date for the dividend as May 16, 2026. Shareholders whose names appear in the company's register on this date will be eligible to receive the dividend. The dividend payment will be made on or before June 15, 2026, subject to shareholder approval.
This announcement comes as M&M continues to demonstrate strong financial performance, driven by robust demand in its automotive and tractor segments. The company has consistently rewarded its shareholders with healthy dividends over the years.
Stock Performance
Shares of Mahindra & Mahindra have been performing well on the stock exchanges. As of May 5, 2026, the stock closed at Rs 2,850 on the BSE, up 1.2% from the previous close. The 52-week high and low for the stock are Rs 3,200 and Rs 2,100 respectively.
Investors are advised to check their demat accounts for the record date and ensure they hold shares before the ex-dividend date, which typically falls two trading days before the record date.
About Mahindra & Mahindra
Mahindra & Mahindra is a part of the Mahindra Group, one of India's largest multinational conglomerates. The company is a market leader in utility vehicles and tractors in India, with a growing presence in electric vehicles and other emerging technologies.
With a strong focus on innovation and customer satisfaction, M&M continues to expand its product portfolio and global footprint. The company's consistent dividend payouts reflect its commitment to shareholder value.
