Mazagon Dock Shipbuilders Limited has informed the Exchange that Board of Directors at its meeting held on October 27, 2025, declared 1st Interim Dividend of Rs. 6 per equity share of Rs. 5 each for the FY 2025-26.
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The Board of Directors of Mazagon Dock Shipbuilders, a public sector defence shipbuilding company, approved a 1st Interim Dividend of Rs. 6 per equity share on October 27, 2025. The dividend is on shares with a face value of Rs. 5 each, translating to a 120% payout on face value. This is the first interim dividend declared for the financial year 2025-26. Details on the record date and payment timeline are expected in a separate filing.
Positive short-term sentiment for shareholders, though the Rs. 6 dividend represents a modest yield given the stock's high market price. Signals continued profitability and the government's ongoing reliance on PSU dividends.