Cochin Shipyard in News: PSU to soon deliver Final Dividend Payment for FY25, Check Record Date
Defence PSU, Cochin Shipyard Ltd.’s shares are boosted over by 3.95% after the company has announced the record date for the final dividend payment for financial year 2024-25.
Defence PSU, Cochin Shipyard Ltd.’s shares are boosted over by 3.95% after the company has announced the record date for the final dividend payment for financial year 2024-25.
Currently, the shares are closed at Rs 1,740.00, up by 66.10 basis points at BSE. The PSU has declared 18 dividends since August 6, 2018. Since last year, the company has declared an equity dividend amounting to Rs 9.75 per share, with the dividend yield currently at 0.56%.
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According to the exchange filing, the company has fixed Friday, September 12, 2025, as the record date for determining the entitlement of members to receive the final dividend of Rs. 2.25/- (45%) per equity share of Rs. 5/- for the financial year 2024-25.
Further, the said dividend, if approved at the 53rd AGM, scheduled to be held on September 29, 2025, shall be disbursed (subject to TDS) to eligible members by October 28, 2025, i.e., within 30 days from the date of approval. The stock opened today at Rs 1,682.00 and reached an intraday high of Rs 1,770.00. The market capitalization of the company is at Rs 45.73K crore with a P/E ratio at 54.43.
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