Mazagon Dock Shipbuilders Limited (MDL) has announced an interim dividend for the financial year 2025–26, with the record date falling on February 13, 2026. Shareholders holding the company’s shares as of the record date will be eligible to receive the dividend approved by the Board.

Interim Dividend Details

At its meeting held on February 5, 2026, the Board of Directors approved the payment of a second interim dividend of ₹7.5 per equity share. The dividend applies to fully paid-up shares with a face value of ₹5 each.

The company has fixed February 13, 2026, as the record date to determine eligible shareholders. Investors whose names appear in the company’s register of members on that date will qualify for the dividend payout.

MDL has stated that the dividend will be disbursed on or before March 7, 2026.

Track Record of Dividend Payments

Mazagon Dock has maintained a steady dividend distribution pattern over the past year. Earlier in FY26, the company declared an interim dividend of ₹6 per share, with a record date in November 2025.

In FY25, shareholders received:

• A final dividend of ₹2.71 per share in September 2025
• An interim dividend of ₹3 per share in April 2025

The consistent payouts reflect the company’s commitment to returning value to shareholders.

Important Points for Investors

To be eligible for the dividend, investors must ensure that their share purchases are completed before the ex-dividend date so that settlement occurs prior to the record date. Shares bought on or after the ex-date will not qualify for the announced payout.

Summary

Mazagon Dock Shipbuilders has declared a second interim dividend of ₹7.5 per share for FY26, with February 13, 2026, set as the record date. The payout will be completed by March 7, 2026. The announcement continues the company’s consistent dividend distribution trend, reinforcing its shareholder return strategy.

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