Final Dividend of Rs 30 And A Special Dividend of Rs 30: Record Date This Week For Bajaj Group Stock; Buy?

A subsidiary of Bajaj Holdings and Investment Limited, Maharashtra Scooters Limited (MSL) is an investment firm with its headquarters in India. It is listed on the National Stock Exchange of India as well as the BSE Limited. At least 90% of the company's assets are invested in the Bajaj group, making it a Core Investment Company (CIC). Additionally, MSL produces die casting dies and components for the automotive sector. For investors searching for dividend-paying companies, Maharashtra Scooters Limited (MSL) will be the center of attention this week as it will trade ex-dividend on June 27th in preparation for its upcoming distribution.

Maharashtra Scooters Dividend

"We are pleased to inform you that the Board of Directors of the Company at its meeting held on 23 April 2025, recommended final dividend of Rs 30 and a Special dividend of Rs 30 per equity share of the face value of Rs 10 each, for the financial year ended 31 March 2025. The dividend, if approved by the shareholders at the ensuing Annual General Meeting ('AGM') scheduled on Wednesday, 23 July 2025, will be credited/ dispatched on Monday, 28 July 2025 and/ or Tuesday, 29 July 2025, to all those shareholders holding shares in physical and electronic from as on record date i.e., Friday, 27 June 2025," said Maharashtra Scooters in a regulatory filing.

Maharashtra Scooters Dividend History & Yield

Maharashtra Scooters Ltd. has regularly paid cash dividends to shareholders during the last 20 years. According to Trendlyne statistics, the firm has announced 28 dividend payments since July 2002, including regular final and interim dividends as well as sporadic special dividends, such as the Rs 30 (final) and Rs 30 (special) announced this June 2025. For the fiscal year 2024-2025, the total payout was Rs 170 per share. Regarding yield, the trailing twelve-month dividend yield is around 1.21% at the current share price.

While finbox.com reveals that the average yield throughout the broader consumer cyclical or auto-part industry average is around 1.8% with a standard deviation of 3.6%, Maharashtra Scooters is slightly below typical sector norms, according to Simply Wall St., which reports a 1.01% dividend yield.

Maharashtra Scooters Share Price Target

Mandar Bhojane - Equity Research Analyst at Choice Broking said, "MAHSCOOTER is currently trading at ₹14,040. On the weekly chart, the stock has recently given a breakout from a rounding bottom pattern and is now consolidating above the breakout zone-indicating it is on the verge of a fresh upward move. A decisive close above ₹14,700 will confirm the next leg of the rally, potentially propelling the stock towards short-term targets of ₹16,000 and ₹16,700. On the downside, ₹13,400 will act as strong immediate support, making any dip toward this level a good buying opportunity for positional traders."

"The RSI stands at 54.39, trending upwards, reflecting strengthening bullish momentum. Additionally, the Stochastic RSI has given a positive crossover from the oversold region, suggesting a fresh buying signal and increasing chances of upward movement. Furthermore, the stock has an ex-date of June 27, 2025, for a dividend of ₹60 per share, which could attract short-term interest and support price action in the coming sessions," the analyst further recommended.

"The price action in Mah Scooters shows a strong trend on higher time frames. Price has seen a major breakout from the resistance zone at 12750-13000. Price is showing a short-term downtrend. A good buying area is between 13100-12900. Prices show a potential to move higher to 16500-16800 over the next several months," said Manish Shah is a SEBI registered Investment Advisor with registration no. INA000016180.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor GoodReturns. The author, nor the brokerage firm nor GoodReturns would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.