Mahindra & Mahindra declares dividend of Rs 16.25 per share
Fri, May 26, 2023 6:24 PM

Mahindra & Mahindra declares dividend of Rs 16.25 per share

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Mahindra & Mahindra has recommended a dividend of Rs 16.25 per equity — a whooping 325% of the face value of Rs 5 per share. The decision was taken during a board meeting to approve the quarterly results of the company.The company gave a dividend of Rs 11.55 in FY23. In FY22, the dividend payout was Rs 8.75.

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