Dividend stocks: PSU shipbuilder declares 153% payout, stock to trade ex-date soon
Mazagon Dock dividend record date 2023: The companys board has declared Monday, November 20, as the record date for reckoning eligibility of shareholders for the purpose of payment of interim dividend.
Mazagon Dock dividend record date 2023, Mazagon Dock dividend news: Mazagon Dock Shipbuilders shares are set to trade ex-dividend on November 20. This week, the public sector shipbuilder approved an interim dividend of Rs 15.3 per equity share of the face value of Rs 10, translating into a payout of 153 per cent. The dividend amounts to Rs 309.4 crore and will be paid out of the profits of the company for the financial year 2023-24, according to a regulatory filing.
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