Cochin Shipyard announces 80% interim dividend - Check record date and other details

Cochin Shipyard Dividend 2023 Record Date: State-run shipbuilder Cochin Shipyard has declared its first interim dividend for the financial year ending March 31, 2024. The company has approved the proposal to split its stock in a ratio of 2:1.

Cochin Shipyard Dividend 2023 Amount

Cochin Shipyard, a fully-owned Government of India company, has recommended an interim dividend of Rs 8 (or 80 per cent) per equity share of face value Rs 10 each for the financial year ending March 31, 2024.

Cochin Shipyard Dividend 2023 Record Date

The company has announced a record date for the purpose of the first interim dividend of 2023-24. According to an exchange filing, the record date has been fixed as November 20.

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"Please note that the record date fixed by the Company for the purpose of 01st Interim Dividend 2023-24 is November 20, 2023," the filing reads.

Cochin Shipyard dividend 2023 payment date

The dividend amount is expected to be credited to the account of eligible shareholders on or before December 6. 

Cochin Shipyard dividend history

Earlier, Cochin Shipyard announced a final dividend of Rs 3 in May and an interim dividend of Rs 7 in February. Here's the history of dividends announced by the company.

Cochin Shipyard share price

Meanwhile, shares of Cochin Shipyard Limited are trading 0.28 per cent at Rs 1,082.20 apiece. The scrip had closed at Rs 1,078.60 on Wednesday. The scrip has given a positive return of around 104 per cent so far this year.  As of November 17, the company commands a market cap of Rs 14,218.20 crore.