Bank of Maharashtra Dividend
Dividend criteria checks 3/6
Bank of Maharashtra is a dividend paying company with a current yield of 1.86% that is well covered by earnings.
Key information
1.9%
Dividend yield
24%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | 10 May 24 |
Dividend per share | n/a |
Earnings per share | ₹5.75 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MAHABANK's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAHABANK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Bank of Maharashtra Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MAHABANK) | 1.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Banks) | 1.0% |
Analyst forecast in 3 Years (MAHABANK) | n/a |
Notable Dividend: MAHABANK's dividend (1.86%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: MAHABANK's dividend (1.86%) is in the top 25% of dividend payers in the Indian market (1.18%)
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.1%), MAHABANK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.