Dear Investors,
Bank of Maharashtra Ltd. has announced an interim dividend of ₹1 per share, and the stock is drawing attention following strong financial performance in Q3 FY26.
Corporate Action Details
Type: Interim Dividend (FY 2025–26)
Dividend: ₹1.00 per equity share
Face Value: ₹10 per share
Declaration Date: 13 January 2026
Record Date: 20 January 2026 (Tuesday)
What It Means for You
Under the T+1 settlement cycle, you must buy Bank of Maharashtra shares on or before 19 January 2026 to be eligible for the dividend.
- Shares purchased on or after 20 January 2026 will not be eligible.
- Dividend will be credited directly to your registered bank account, within statutory timelines
Key Dates at a Glance
| Date | Event |
|---|---|
| 19 January 2026 | Last day to buy shares (T+1 eligibility) |
| 20 January 2026 | Ex-Dividend Date & Record Date |
Portfolio Impact Example
Holding: 100 shares
Dividend Earned: 100 × ₹1 = ₹100
Ex-Date Adjustment: Stock price typically adjusts downward approximately by the dividend amount (₹1).
Net Effect:
- Portfolio Value ↓₹100
- Cash Balance ↑₹100
Overall wealth remains unchanged, but the dividend generates liquidity.
Summary
- Dividend: ₹1 per share
- Eligibility: Must hold shares by 19 January 2026
- Record Date: 20 January 2026
- Face Value: ₹10 per share
- Financials: Strong Q3FY26 performance boosting sentiment
Feel free to share your questions or thoughts in the comments below!
Happy Investing,
Team 5paisa