Mazagon Dock Shipbuilders shares trade ex-dividend on Wednesday

Mazagon Dock dividend record date 2023: Mazagon Dock Shipbuilders shares traded ex-dividend today, September 20. Mazagon Dock Shipbuilders shares finished at Rs 2,248.5, up 2.58 per cent on BSE. The company’s board recommended a final dividend of Rs 6.86 per equity share of the face value of Rs 10 to its shareholders, subject to approval at its ensuing annual general meeting (AGM).

Here’s all you need to know about the latest Mazagon Dock Shipbuilders dividend:

The register of members and the transfer of shares of the company will be closed for the purpose of the AGM and dividend from September 21, 2023 to September 27, 2023 (both days inclusive), according to a regulatory filing.

When will Mazagon Dock Shipbuilders conduct its AGM?

The company is scheduled conduct its AGM on Wednesday, September 27 through video conferencing (VC) or other audio-visual means (OAVM).

What is a record date?

A record date determines the shareholders eligible to benefit from corporate action such as a dividend. In other words, shareholders owning at least one share of the company in their demat accounts before the end of trading hours on the record date are eligible for such dividends.

Mazagon Dock dividend history

Here is a summary of Mazagon Dock Shipbuilders dividends over the past few years:
Source: BSE

Mazagon Dock share history

Mazagon Dock Shipbuilders shares have rewarded investors with a multi-bagger return of nearly 400 per cent in the past year, a period in which the headline Nifty index has risen over 12 per cent.

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