Last close · 16 Oct 2026
Rs 303.29 +0.84%
Dividends · FY2007 – FY2026
Millat Tractors Limited (MTL) dividend history
Millat Tractors Limited declared a dividend of Rs 21.00 per share for FY2026, paying out 105% of earnings. It paid a dividend in 20 of the last 20 years, including each of the last 20. Over five years the dividend per share grew at a compound 8.8% a year. At Rs 303.29 (close on 16 Oct 2026) the yield is 6.9%.
- Dividend per share
- Rs 21.00
- FY2026
- Dividend yield
- 6.9%
- at Rs 303.29
- Payout ratio
- 105%
- FY2026
- Years in a row
- 20
- paid in 20 of 20 years
- 5-yr dividend growth
- 8.8%
- a year, compound
Dividend history by fiscal year
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 |
|---|---|---|---|---|---|
| Dividend per share (Rs) Rs | 21.00 | 30.00 | 12.50 | 10.53 | 14.52 |
| Change on the previous year | -30.0% | +140.0% | +18.7% | -27.5% | +5.2% |
| EPS – basic (Rs) Rs | 19.91 | 15.93 | 26.32 | 8.59 | 13.99 |
| Payout ratio (DPS ÷ EPS) | 105.5% | 188.3% | 47.5% | 122.7% | 103.8% |
| Dividend yield at year-end price | 5.7% | 8.1% | 3.1% | 2.1% | 3.4% |
| Dividends paid (cash flow) | 6,979.8 | 8,971.6 | 7,638.7 | 3,101.6 | 5,783.3 |
Dividend per share is the total cash dividend declared for each fiscal year (interim and final), before tax. Payout ratio = DPS ÷ basic EPS; shown when EPS is positive. Yield at the fiscal year-end price.
MTL dividends: frequently asked questions
Does MTL pay dividends?
Yes. Millat Tractors Limited declared a dividend of Rs 21.00 per share for FY2026. It has paid a dividend in each of the last 20 years. At Rs 303.29 that is a dividend yield of 6.9%.
Information only, not investment advice.