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Majestic Auto dividend payout jumps to ₹60 per share in FY26
The dividend yield for Majestic Auto increased from 4.2% in FY24 to 16.8% in FY26, according to LiveMint Markets.
Majestic Auto is among seven stocks highlighted for consistent dividend growth over the last three financial years, with the company’s payout rising sharply into FY26, according to LiveMint Markets.
LiveMint Markets said Majestic Auto announced a total annual dividend of ₹15 per share in FY24, ₹10 per share in FY25, and ₹60.0 per share in FY26, showing the most notable increase across the period.
The outlet also reported that Majestic Auto’s dividend yield rose from 4.2% in FY24 to 16.8% in FY26.
LiveMint Markets added that the stock closed 0.34% lower at ₹364 per share on BSE on Tuesday, with market capitalization of ₹378.47 crore.