Kotak Mahindra Recommends Rs 2.50 Per Share Dividend

Kotak Mahindra Bank Ltd share price ended the day on May 2 with the decline of 0.94% to Rs 2185.00 per share on Bombay Stock Exchange (BSE). The leading private sector bank today declared its financial results and recommended dividend. Board of Directors today declared a dividend of Rs 2.50 per share of the face value of Rs 5/- each for the financial year ended March 31, 2025. The Bank has a market capitalisation of Rs 4,34,432.68 crore. Its return on equity (ROE) stood at 15.39%. Kotak Mahindra shares offered shareholders returns of 22.20% year-to-date (YTD). The stock rallied 38.66% in last 1-year. Life Insurance Corporation Of India (LIC) has 7.36% stake in Kotak Mahindra with 146,280,035 shares of the bank. Check more details below:

Kotak Mahindra Recommends Dividend

According to the exchange filing of Kotak Mahindra dated May 3, 2025, “Pursuant to Regulation 30, 33, 51 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), this is to inform you that the Board of Directors of Kotak Mahindra Bank Limited (“Bank”) have, at their meeting held today, inter alia, recommended a dividend of Rs. 2.50 per Equity Share of the face value of Rs. 5/- each, out of the net profits for the financial year ended March 31, 2025, subject to the approval of the members at the ensuing Annual Bank.”

Kotak Mahindra Shares Performance

The 52-week high of Kotak Mahindra Bank Ltd share price on BSE stood at Rs 2301.55 per share (as on 22/04/2025) and 52-week low price is Rs 1544.15 per share (as on 03/05/2024), respectively. Kotak Mahindra shares surged 14.82% in last 3-months when Sensex gained 3.87%, BSE BANKEX index zoomed 11.54%, and BSE Financial Services index rallied 10.07%, showing the bank outperforming market. Kotak Mahindra shares surged over 25% in last 6-months and gained 61.02% in last 5-years.

Kotak Mahindra Dividend History

The Bank recommended a total of 22 dividends since 2003. In last 1-year, it announced an equity dividend of Rs 2.00 per share. Its dividend yield stood at 0.09%, according to Trendlyne.

Kotak Mahindra Shareholding

FII/FPI holdings soared from 32.48% to 32.65% for March 2025 quarter. Number of FII/FPI investors jumped from 1330 to 1463 for March 2025 quarter.

About

Established in 1985, Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank – Kotak Mahindra Bank Ltd (KMBL).

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