Mazagon Dock shares rise 3% after final dividend announcement for FY 2025

Mazagon Dock Shipbuilders Ltd declared a final dividend of Rs 2.71 per share, adding to interim payouts totaling Rs 26.19 per share, resulting in a Rs 109 crore dividend payout. This boosted investor confidence, lifting shares nearly 3% to Rs 3,773 on the NSE, reflecting strong market response to the company’s robust dividend policy.

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Mazagon Dock Shipbuilders Ltd. saw its shares rise nearly 3% to close at Rs 3,773 on the NSE following the announcement of a final dividend of Rs 2.71 per share for the financial year 2025.

The company plans to distribute a total of Rs 109 crore in dividends, with the central government, which holds an 84.8% stake, set to receive Rs 93 crore. This final dividend complements the earlier interim dividends paid during the year, including Rs 23.19 and Rs 3 per share.

"The final dividend is in addition to the first interim dividend of Rs 23.19 per share and second interim dividend Rs 3 per share paid during the year," highlighting the company’s consistent shareholder returns.

The share price increase outpaced the benchmark Nifty 50 index, which advanced only 0.33% on the same day, reflecting investor confidence in Mazagon Dock’s financial health and dividend policy.

Additionally, Mazagon Dock’s subsidiary, NLC India Renewables, has entered a joint venture with Mahatma Phule Renewable Energy & Infrastructure Technology (MAHAPREIT) to develop 2,000 MW of renewable energy projects in Maharashtra, signaling the company’s strategic expansion into sustainable energy.

"The company’s subsidiary, NLC India Renewables, has signed a Joint Venture agreement with Mahatma Phule Renewable Energy & Infrastructure Technology (MAHAPREIT) to accelerate renewable energy development in Maharashtra," which may further enhance the company’s growth prospects.

This combination of steady dividend payouts and strategic renewable energy initiatives positions Mazagon Dock as a stock to watch in the coming period.

Mazagon Dock declares final dividend; shares rise 3%

Mazagon Dock shares closed nearly 3% higher at Rs 3,773, outperforming the benchmark Nifty 50 which advanced only 0.33%.

Market Analyst

Key Facts

Mazagon Dock Shipbuilders Ltd recommended a final dividend of Rs 2.71 per share for the financial year 2025.
The total dividend payout for FY 2025 will be Rs 109 crore, with the central government receiving Rs 93 crore from its 84.8% stake in the company.
During FY 2025, Mazagon Dock paid a first interim dividend of Rs 23.19 per share and a second interim dividend of Rs 3 per share.
Following the dividend announcement, Mazagon Dock shares closed nearly 3% higher at Rs 3,773 on the NSE on May 30, outperforming the benchmark Nifty 50's 0.33% gain.

Key Stats at a Glance

Final dividend per share recommended by Mazagon Dock

Rs 2.71 per share

Total dividend payout for FY 2025 by Mazagon Dock

Rs 109 crore

Dividend received by central government from Mazagon Dock

Rs 93 crore

Central government ownership stake in Mazagon Dock

84.8%

First interim dividend per share paid by Mazagon Dock

Rs 23.19 per share

Second interim dividend per share paid by Mazagon Dock

Rs 3 per share

Mazagon Dock share price increase

Mazagon Dock share closing price on NSE

Rs 3,773

Nifty 50 index gain on the same day

0.33%

Mazagon Dock subsidiary advances renewable energy projects

Key Facts

Mazagon Dock's subsidiary, NLC India Renewables, has signed a Joint Venture agreement with Mahatma Phule Renewable Energy & Infrastructure Technology (MAHAPREIT) to develop 2,000 MW of renewable energy projects in Maharashtra.

Key Stats at a Glance

Renewable energy project capacity to be developed by NLC India Renewables and MAHAPREIT JV

2,000 MW

Mazagon Dock shares rise 3% after final dividend announcement for FY 2025

Mazagon Dock declares final dividend; shares rise 3%

Mazagon Dock subsidiary advances renewable energy projects

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