Mazagon Dock Announces ₹2.71 Final Dividend; Record Date Set for September 19, 2025

Mazagon Dock Shipbuilders, a leading defence PSU known for building warships and submarines, has announced a final dividend of ₹2.71 per equity share (face value ₹5 each) for FY 2024-25. Once approved at the Annual General Meeting (AGM), the dividend will be credited within 30 days.

Record Date and Eligibility

The company has fixed September 19, 2025, as the record date. Investors holding shares by the end of trading on this day will be eligible for the dividend. Purchases made after this date will not qualify. The AGM is scheduled for September 26, 2025, and will be held virtually.

Why the Record Date Matters

The record date is crucial for investors because it decides who will receive the dividend. Long-term holders and short-term traders often use this date to plan their strategies around dividend benefits.

Past Dividend History

Mazagon Dock has been consistent with payouts. In 2024, it distributed dividends of ₹23.19 in October and ₹12.11 in September. In 2023, the company declared ₹15.34 in November and ₹6.86 in September. Back in 2022, it paid ₹9.10 per share in November.

Mazagon Dock Share Price Performance

Mazagon Dock Shipbuilders share price (NSE: MAZDOCK) is currently trading at ₹2,676.90, down 0.13% as of 9:40 am IST on September 5, 2025. The stock opened at ₹2,670.00 and touched a high of ₹2,696.50 and a low of ₹2,668.30 during the session. The company commands a market capitalisation of ₹1.08 lakh crore with a P/E ratio of 49.77 and a dividend yield of 0.65%. 

Also Read: Kalyan Jewellers Net Profit Rises 48.6% to ₹264 Crore!

Conclusion

Mazagon Dock Shipbuilders’ ₹2.71 final dividend highlights its continued focus on rewarding shareholders. With a strong dividend track record and solid returns, the company remains a steady player in the defence sector.

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