Mazagon Dock Shipbuilders Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2026, recommended Final Dividend of Rs. 4.62 per equity share of Rs. 5/- each for the financial year ended 31 March 2026.
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Mazagon Dock Shipbuilders Limited's Board of Directors has recommended a final dividend of Rs. 4.62 per equity share (face value Rs. 5 each) for the financial year ended 31 March 2026. The dividend recommendation is subject to shareholder approval at the upcoming Annual General Meeting. The company will separately announce the AGM date and the date from which the dividend will be paid. The Board meeting was held on 30 April 2026 and lasted from 15:30 to 18:30 IST.
The dividend represents a payout of 92.4% on the face value, indicating strong shareholder returns. However, the actual yield depends on the current market price, and the dividend remains contingent on shareholder approval at the AGM.