Defence stock Mazagon Dock Shipbuilders in focus: Record date for dividend payout today | Stock Market News

Dividend Stock: Defence Stock Mazagon Dock Shipbuilders remains in focus as  today . 30 October is the record date for dividend payout 

The Board of Directors of Mazagon Dock Shipbuilders at their meeting held on 22 October 2024 had declared an interim dividend of Rs. 23.19 per equity share of Rs. 10 each fully paid-up for the financial year 2024-25. The Company had fixed Wednesday, 30 October 2024 as “Record Date” for the purpose of payment of Interim Dividend on equity shares for the Financial Year 2024-25 and the payment of Interim Dividend will be completed on or before 20 November 2024, as per the Mazagon Dock Shipbuilders release.

Mazagon Dock Shipbuilders share price had closed at ₹4012.25 on Tuesday 29 October.

Mazagon Dock Shipbuilders also had approved  the sub-division or split of existing shares . 1 (One) Equity Share of face value of Rs.10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/-(Rupees Five Only) each fully paid up, subject to shareholders’ approval