India’s largest automaker announced its largest-ever dividend in terms of value on Tuesday, along with its Q4 results. The company said that its board of directors, during its meeting, has recommended the dividend, which, if approved at its upcoming annual general meeting (AGM), will be paid to the eligible shareholders on September 9.
Maruti Suzuki said that it will pay a total of Rs 4,401.6 crore as part of the dividend payout for the financial year 2026. This is higher than the automaker’s Rs 4,244.4 crore dividend payout (Rs 135 per share) in the previous financial year.
While it paid a dividend of Rs 135 per share in FY25, it paid a dividend of Rs 125 in FY24, Rs 90 in FY23, Rs 60 in FY22 and so on. It has declared a total of 22 dividends since 2005. At the current market price, Maruti Suzuki’s dividend yield stands at 1.04%, according to Trendlyne.
Maruti Suzuki Q4 Results
Maruti Suzuki reported a standalone net profit of Rs 3,591 crore for the fourth quarter of FY26, marking a 7% year-on-year fall from the Rs 3,857 crore net profit reported in the corresponding quarter of the previous financial year. This is lower than Street’s estimates of Rs 4,279 crore.
The automaker’s revenue from operations, meanwhile, rose 28% YoY to Rs 52,449 crore in Q4 FY26 from Rs 40,910 crore in Q4 FY25, beating analyst estimates of Rs Rs 51,486 crore.
Maruti Suzuki share price
Maruti Suzuki shares sharply dropped around 3% to trade at Rs 12,851 apiece on NSE in the afternoon after the release of the results and the announcement of the dividend. The shares have declined around 4% in the past one week but gained around 5% in one month. Overall, the stock has fallen 22% in 2026 so far.In the longer term, shares of the automaker have gained 10% in one year, 51% in three years and 97% in five years. The company currently has a market capitalisation of more than Rs 4.05 lakh crore.
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