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Mazagon Dock Shipbuilders Limited engages in building and repairing of ships, submarines, vessels, and related engineering products in India and internationally. It operates in two segments, Shipbuilding and Submarine. It offers naval ships, such as corvettes, nilgiris, missile boats, Godavari class frigates, patrol vessels, destroyers, and leander class frigates; merchant ships, including trailing suction hopper dredgers, general cargo vessels, multipurpose support vessels, offshore supply vessels, special trade passenger cum cargo vessels, 45 T bollard pull voith tugs, and BOP vessels; and submarines. The company was formerly known as Mazagon Dock Limited. Mazagon Dock Shipbuilders Limited was founded in 1774 and is based in Mumbai, India.

Mazagon Dock Shipbuilders Dividend Announcement

Mazagon Dock Shipbuilders announced a semi annually dividend of ₹23.19 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-10-30
Mazagon Dock Shipbuilders annual dividend for 2024 was ₹35.30
Mazagon Dock Shipbuilders annual dividend for 2023 was ₹22.20
Mazagon Dock Shipbuilders's trailing twelve-month (TTM) dividend yield is 0.72%

Mazagon Dock Shipbuilders Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-30₹23.19semi annually2024-11-20
2024-09-19₹12.11semi annually2024-10-26
2023-11-20₹15.34semi annually2023-12-08
2023-09-20₹6.86semi annually2023-10-27
2022-11-21₹9.10semi annually2022-12-10
2022-09-19₹1.63semi annually2022-10-27
2022-01-06₹7.10semi annually2022-01-27
2021-09-20₹1.83semi annually2021-10-28
2021-02-22₹5.41semi annually2021-03-14

Mazagon Dock Shipbuilders Dividend per year

Mazagon Dock Shipbuilders Dividend growth

Mazagon Dock Shipbuilders Dividend Yield

Mazagon Dock Shipbuilders current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Mazagon Dock Shipbuilders stock? Use our calculator to estimate your expected dividend yield:

Mazagon Dock Shipbuilders Financial Ratios

P/E ratio38.35
PEG ratio0.38
P/B ratio13.53
ROE40.83%
Payout ratio0.00%
Current ratio1.18
Quick ratio0.94
Cash Ratio0.17

Mazagon Dock Shipbuilders Dividend FAQ

How much is the next Mazagon Dock Shipbuilders dividend?
Mazagon Dock Shipbuilders's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mazagon Dock Shipbuilders dividend. The next Mazagon Dock Shipbuilders dividend will be released in September, or November.
When is Mazagon Dock Shipbuilders dividend paid?
Mazagon Dock Shipbuilders pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Mazagon Dock Shipbuilders pay?
The specific amount of Mazagon Dock Shipbuilders dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mazagon Dock Shipbuilders's dividend history.
Does Mazagon Dock Shipbuilders stock pay dividends?
Yes, Mazagon Dock Shipbuilders does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Mazagon Dock Shipbuilders's dividend history.
How much dividend does Mazagon Dock Shipbuilders pay?
Mazagon Dock Shipbuilders paid ₹35.3 in 2024, ₹22.2 in 2023, ₹17.83 in 2022, ₹7.24 in 2021, and ₹0.0 in 2020.
How often does Mazagon Dock Shipbuilders pay dividends?
Mazagon Dock Shipbuilders typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around September, and November.
What is Mazagon Dock Shipbuilders's dividend yield?
The current dividend yield for Mazagon Dock Shipbuilders is 0.72%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Mazagon Dock Shipbuilders's exact dividend yield.
When does Mazagon Dock Shipbuilders go ex dividend?
Mazagon Dock Shipbuilders's ex-dividend date for the latest dividend was on 2024-10-30. Mazagon Dock Shipbuilders typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Mazagon Dock Shipbuilders dividend paid?
Mazagon Dock Shipbuilders pays dividends on a semi annually basis, typically around September, or November, but the exact dates can vary each year.
Will Mazagon Dock Shipbuilders increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Mazagon Dock Shipbuilders will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Mazagon Dock Shipbuilders dividend per share?
Mazagon Dock Shipbuilders paid ₹35.3 per share in 2024 and ₹22.2 per share in 2023. The amount of dividend per share that Mazagon Dock Shipbuilders pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Mazagon Dock Shipbuilders a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Mazagon Dock Shipbuilders a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Mazagon Dock Shipbuilders a dividend stock?
Yes, Mazagon Dock Shipbuilders is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mazagon Dock Shipbuilders a good dividend stock?
Whether Mazagon Dock Shipbuilders is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mazagon Dock Shipbuilders has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mazagon Dock Shipbuilders as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Mazagon Dock Shipbuilders pay dividends monthly?
Mazagon Dock Shipbuilders typically pays dividends on a semi annually basis.
Does Mazagon Dock Shipbuilders pay dividends quarterly?
Mazagon Dock Shipbuilders currently pays dividends on a semi annually basis.
Has Mazagon Dock Shipbuilders ever paid a dividend?
Yes, Mazagon Dock Shipbuilders has a history of paying dividends to its shareholders. Mazagon Dock Shipbuilders is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mazagon Dock Shipbuilders dividend stocks?
To buy Mazagon Dock Shipbuilders you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Mazagon Dock Shipbuilders stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Mazagon Dock Shipbuilders pay dividends 2024?
Mazagon Dock Shipbuilders pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-20. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Mazagon Dock Shipbuilders increase its dividend in 2024?
Decisions regarding Mazagon Dock Shipbuilders dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Mazagon Dock Shipbuilders dividend overview you can look into the above table of dividend history.
How Mazagon Dock Shipbuilders dividend works?
The Mazagon Dock Shipbuilders dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Mazagon Dock Shipbuilders's dividend process works:

1. Determination of Dividend: Mazagon Dock Shipbuilders's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Mazagon Dock Shipbuilders publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Mazagon Dock Shipbuilders distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Mazagon Dock Shipbuilders are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Mazagon Dock Shipbuilders dividends paid?
Mazagon Dock Shipbuilders dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Mazagon Dock Shipbuilders sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Mazagon Dock Shipbuilders distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Mazagon Dock Shipbuilders declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Mazagon Dock Shipbuilders pay dividends?
Mazagon Dock Shipbuilders typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Mazagon Dock Shipbuilders pay dividends?
The general pattern is that Mazagon Dock Shipbuilders pays dividends around September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mazagon Dock Shipbuilders dividend safe?
The safety of Mazagon Dock Shipbuilders's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Mazagon Dock Shipbuilders's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Mazagon Dock Shipbuilders's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.