Mazagon Dock Shipbuilders Dividend: Government shipbuilding company Mazagon Dock Shipbuilders is going to give a final dividend of Rs 12.11 per share to its shareholders. This dividend is for the financial year 2023-24. It was announced in May this year. The record date for determining the eligibility of shareholders for the final dividend is 19 September 2024 next week. Shareholders whose names are in the records of the Register of Members of the Company or Depositories as beneficial owners of shares till this date will be entitled to receive the dividend.
Earlier, the company had given an interim dividend of Rs 15.34 in the financial year 2024. Including this interim dividend and final dividend, the total dividend from Mazagon Dock Shipbuilders for the financial year 2024 will be Rs 27.45 per share. The company has a good track record regarding dividends and it has been declaring dividends continuously for the last 5 years.
The 91st Annual General Meeting of Mazagon Dock Shipbuilders is scheduled to be held on September 26. According to BSE data, the company’s revenue stood at Rs 2,357.02 crore in the April-June 2024 quarter. Net profit was recorded at Rs 665.94 crore during this period. In FY 2024, the revenue was Rs 9,466.58 crore and net profit was Rs 1,845.43 crore.
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