Last close · 16 Oct 2026
Rs 302.90 +0.71%
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 302.90 (close on 16 Oct 2026) the yield is 6.9%.
- Dividend per share
- Rs 21.00
- FY2026
- Dividend yield
- 6.9%
- at Rs 302.90
- 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 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 Jul 2009 – Jun 2010 | FY2009 Jul 2008 – Jun 2009 | FY2008 Jul 2007 – Jun 2008 | FY2007 Jul 2006 – Jun 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (Rs) Rs | 21.00 | 30.00 | 12.50 | 10.53 | 14.52 | 13.80 | 6.49 | 9.81 | 13.86 | 10.97 | 5.77 | 6.06 | 4.62 | 5.75 | 6.20 | 4.53 | 4.96 | 2.75 | 1.59 | 1.07 |
| Change on the previous year | -30.0% | +140.0% | +18.7% | -27.5% | +5.2% | +112.5% | -33.8% | -29.2% | +26.3% | +90.0% | -4.8% | +31.2% | -19.7% | -7.3% | +36.8% | -8.7% | +80.6% | +73.1% | +47.7% | — |
| EPS – basic (Rs) Rs | 19.91 | 15.93 | 26.32 | 8.59 | 13.99 | 17.12 | 5.20 | 8.76 | 14.05 | 11.62 | 4.80 | 6.47 | 3.71 | 5.74 | 5.38 | 7.34 | 6.40 | 3.34 | 1.69 | 1.72 |
| Payout ratio (DPS ÷ EPS) | 105.5% | 188.3% | 47.5% | 122.7% | 103.8% | 80.6% | 124.9% | 112.0% | 98.6% | 94.4% | 120.4% | 93.7% | 124.6% | 100.2% | 115.3% | 61.7% | 77.5% | 82.3% | 94.2% | 62.5% |
| Dividend yield at year-end price | 5.7% | 8.1% | 3.1% | 2.1% | 3.4% | 3.3% | 3.9% | 6.1% | 5.1% | 2.4% | 4.2% | 3.3% | 4.5% | 6.1% | 4.1% | 5.0% | 5.2% | 6.4% | 4.6% | 2.8% |
| Dividends paid (cash flow) | 6,979.8 | 8,971.6 | 7,638.7 | 3,101.6 | 5,783.3 | 3,921.7 | 2,824.6 | 4,607.4 | 5,251.8 | 2,879.0 | 2,103.9 | 1,993.2 | 1,847.7 | 2,509.3 | 1,448.9 | 2,172.8 | 1,440.8 | 834.1 | 459.2 | 340.2 |
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 302.90 that is a dividend yield of 6.9%.
Information only, not investment advice.