Shipping Corporation Of India Limited has informed the Exchange that Board of Directors at its meeting held on November 07, 2025, declared Interim Dividend of Rs. 3 per equity share.
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Awaiting price reaction for this filing.
The Board of Directors of Shipping Corporation of India, in its meeting on November 7, 2025, declared an interim dividend of Rs. 3 per equity share. This is a cash payout to shareholders from the company's profits. The record date and payment timeline will typically be communicated separately by the company. Interim dividends are paid during the financial year, separate from the final dividend declared after annual results.
Positive for shareholders in the short term, as eligible investors will receive Rs. 3 per share held. The announcement may provide modest support to the stock price, though the dividend amount is relatively small in absolute terms for a PSU stock.