M&M dividend, May 5 -- Auto major Mahindra & Mahindra's board of directors has proposed a dividend of Rs.25.3 per share of the face value of Rs.5 each. In a filing with the exchange, the company announced that the record date for the dividend will be Friday, July 4, 2025.

"Recommendation of a dividend of Rs.25.3 (506%) per ordinary (equity) share of the face value of Rs.5 each. The record date for dividend shall be Friday, 4th July, 2025," said the company.

According to data from Trendlyne, M&M has issued 24 dividends since June 26, 2003. Over the last year, M&M has announced an equity dividend totaling Rs.21.10 per share.

M&M on Monday reported a 19.6% year-on-year (YoY) rise in its consolidated net profit at Rs.3,295.1 crore (attribu...