Mazagon Dock declares 2nd interim dividend of ₹7.5 per share; sets Feb 13 as record date
Mazagon Dock Shipbuilders has declared its second interim dividend of ₹7.5 per equity share for FY 2025-26. The record date for this dividend payment has been set as February 13, 2026. The dividend payment will be completed by March 7, 2026.
An interim dividend directly benefits shareholders by providing them with a portion of the company's profits. While positive, its impact is generally considered medium as it does not represent a fundamental change in the company's operations or strategic direction.
The declaration of an interim dividend is a positive signal to shareholders, indicating the company's profitability and commitment to returning value.
Mazagon Dock Shipbuilders Limited has announced the declaration of its 2nd interim dividend for the Financial Year 2025-26. The Board of Directors, in a meeting held on February 5, 2026, approved a dividend of ₹7.5 per equity share, with each share having a face value of ₹5.
The company has fixed Friday, February 13, 2026, as the "Record Date" to determine the eligibility of shareholders for this interim dividend. The payment of the declared dividend is scheduled to be completed on or before March 7, 2026.
What to do with a filing like this
Mazagon Dock Shipbuilders Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Mazagon Dock Shipbuilders Limited. Read the original for the full detail.