Dividend stock: This shipping PSU to meet on this date to mull results, payout

SCI dividend 2024, SCI Q4 results: The board of Shipping Corporation Of India (SCI) is slated to meet on Friday, May 17 to consider a dividend for the financial year ending March 31, 2024, along with its financial results for the fourth and final quarter of the financial year 2023-24. 

The Navratna PSU's regulatory filing dated May 6 read, "We hereby notify that a Meeting of the Board of Directors of SCI is scheduled to be held on Friday, 17.05.2024, inter alia, to:
1. Consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended on 31.03.2024 and
2. Consider dividend on equity shares, if any," the company's filing dated May 6 read.

SCI share price today

The Shipping Corporation Of India stock has given rewards of over 110 per cent in the last one year, outperforming benchmark index Nifty 50 which has rallied over 20 per cent. 

SCI share price history

The 52-week high price of Shipping Corporation Of India share on NSE is Rs 290.75 per share (on Feb 5, 2024) and 52-week low price is Rs 93.6 per share (on May 22, 2023), respectively. 

SCI dividend history 

Shipping Corporation of India has declared 20 dividends since June 7, 2001, as per data available on Trendlyne. In the past 12 months, the Shipping Corporation of India has declared an equity dividend amounting to Rs 0.44 per share. At the current share price, Shipping Corporation of India Ltd.'s dividend yield is 0.21 per cent.

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