M&M dividend 2025: dates, yield and history for investors

Why dividend trackers are back in focus

Mahindra & Mahindra (M&M) and Mahindra & Mahindra Financial Services (MMFSL) have both published long dividend trails that investors routinely track around record dates, ex-dates, and payment windows. In recent disclosures compiled across market snapshots, M&M’s latest annual dividend is shown at ₹25.30 per share, while MMFSL’s latest final dividend is ₹6.50 per share. Alongside this, price and yield figures across different dates show how dividend yield can shift quickly depending on the share price at the time.

This report summarises the factual dividend timeline and the most recent figures that appear in the provided data, without assuming any additional announcements.

Latest visible price points in the data

For MMFSL, one market snapshot shows a decline of ₹12.35 (down 3.19%) as of 27 Feb, 2026 at 15:59, with a day range of 371.20 to 384.70 and a 52-week range of 237.95 to 412.20. The snapshot does not display the exact last-traded price alongside those ranges, but it does provide the move and trading band.

For M&M, another snapshot shows the share price at ₹3,398.90 (down ₹4.10, or 0.12%) at close on Aug 25, 2025. Separately, an India market view also lists M&M at ₹3,265.40 on 14 Aug, 2025 (3:31 PM IST) and flags a “New 52W High today” in that view.

Because these are different timestamps and feeds, yields shown in the data should be read as point-in-time values.

Mahindra & Mahindra (NSE: M&M) dividend: the latest declared numbers

The dataset states that M&M has an annual dividend of ₹25.30 per share. It also shows a dividend yield of 0.74% in one dividend-information panel, while another section calculates a yield of 0.77% at a share price of ₹3,265.40.

The last ex-dividend date cited for M&M is Jul 4, 2025, and the payout frequency is described as annual. A payment date of Aug 30, 2025 is also shown against the Jul 4, 2025 ex-date entry.

One data panel additionally lists “Dividend Growth (1Y)” at 19.91%.

M&M dividend history: recent years and the direction of payouts

A condensed dividend history table in the dataset lists the following cash amounts and ex-dates:

• Jul 4, 2025: ₹25.300 per share (Pay date: Aug 30, 2025)
• Jul 5, 2024: ₹21.100 per share (Pay date: Aug 30, 2024)
• Jul 14, 2023: ₹16.250 per share (Pay date: Sep 3, 2023)
• Jul 14, 2022: ₹11.550 per share (Pay date: Sep 4, 2022)
• Jul 15, 2021: ₹8.750 per share (Pay date: Sep 5, 2021)

The broader dividend declaration table extends further back and includes entries for earlier years and special dividends in some years. The key takeaway from the most recent five years listed is that the rupee dividend per share has increased from ₹8.75 (FY21 ex-date year) to ₹25.30 (FY25 ex-date year) based on the figures provided.

“Expected dividend” figures: treat as a separate data point

One panel in the dataset mentions: “For the next 12 months, Mahindra & Mahindra Ltd is expected to pay a dividend of ₹30.00,” corresponding to an indicated yield of approximately 0.92%, and also lists a forward dividend yield (FWD) of 0.92%.

This is presented as an expectation rather than a declared dividend. The declared and dated dividend explicitly shown in the dataset remains ₹25.30 per share with the Jul 4, 2025 ex-dividend date.

Mahindra & Mahindra Financial Services dividend: latest declared numbers

For MMFSL, the dataset lists a final dividend of ₹6.50 with an announcement date of 22 Apr, 2025 and an ex-dividend date of 15 Jul, 2025. Prior years in the same table show:

• Final dividend ₹6.30 (Announced May 06, 2024; Ex-date Jul 16, 2024)
• Final dividend ₹6.00 (Announced Apr 28, 2023; Ex-date Jul 21, 2023)
• Final dividend ₹3.60 (Announced May 02, 2022; Ex-date Jul 20, 2022)
• Final dividend ₹0.80 (Announced Apr 23, 2021; Ex-date Jul 16, 2021)

Another panel states MMFSL has declared 21 dividends since June 12, 2006. It also states that in the past 12 months MMFSL declared an equity dividend amounting to ₹6.50 per share.

At a share price of ₹255.10 (shown in one snapshot dated 14 Aug, 2025, 3:31 PM IST), the dataset calculates MMFSL’s dividend yield at 2.55%.

M&M vs MMFSL: what the yield numbers imply in this dataset

Based on the figures shown, M&M’s yield is under 1% (0.74% in one panel, and 0.77% at ₹3,265.40 in another). MMFSL’s yield is shown higher at 2.55% at ₹255.10.

This difference is not unusual across an operating company versus a lending-focused subsidiary, but the dataset only supports one point-in-time yield for MMFSL and multiple point-in-time yields for M&M. Investors comparing yields should align the dates and prices before drawing conclusions.

Key dividend facts table (latest visible entries)

What to watch on the calendar

For M&M, the latest ex-dividend date in the dataset is Jul 4, 2025, with payment shown on Aug 30, 2025. For MMFSL, the latest ex-dividend date in the dataset is Jul 15, 2025 for the ₹6.50 final dividend.

Separately, the dataset includes an “expected” next-12-month dividend figure for M&M (₹30.00) and notes that payout is in August and dividends are paid annually. These statements indicate what some trackers project, but they are not presented as a board-declared figure in the same way as the dated dividend history entries.

Conclusion

The latest declared dividend amounts visible in the dataset are ₹25.30 per share for Mahindra & Mahindra and ₹6.50 per share for Mahindra & Mahindra Financial Services, with July ex-dates shown for both. The same dataset also shows that yields vary by snapshot and share price, with M&M under 1% in the listed views and MMFSL at 2.55% at ₹255.10. Investors tracking the next dividend cycle should focus on formal announcement dates and ex-dates, especially where separate “expected dividend” figures are also presented.