1 day ago
GRSE, Cochin Shipyard Dividend Comparison Ahead of Record Date
Two defence shipbuilding companies announced dividends for their shareholders.
GRSE announced ₹6.75 for each share as an interim dividend.
Cochin Shipyard announced ₹1.50 for each share as a final dividend.
Both companies said September 18 would be the record date.
Investors had to buy the shares by September 17, according to the article, to qualify for the payout.
Cochin Shipyard had a slightly higher dividend yield at 0.57%.
GRSE’s yield was 0.55%.
GRSE’s shares had fallen over one year but gained over two years, while the article did not give Cochin Shipyard’s stock-performance figures.
Garden Reach Shipbuilders & Engineers announced an interim dividend of ₹6.75 per share for FY2025-26.
Cochin Shipyard approved a final dividend of ₹1.50 per share, based on a ₹5 face value.
Both companies set September 18 as the dividend record date, making September 17 the stated last buying day for eligibility.
Based on dividends paid over the past year, GRSE’s yield was 0.55% versus Cochin Shipyard’s 0.57%.
GRSE shares were quoted at ₹2,338, down 9.95% over one year but up 35.89% over two years; comparable Cochin Shipyard performance was not provided.
- Who
- Shareholders and investors in Garden Reach Shipbuilders & Engineers Limited and Cochin Shipyard Limited.
- What
- The companies announced dividends and set a record date to determine which shareholders qualify for payment.
- Where
- The shares were discussed in the context of trading on the BSE.
- When
- The record date was September 18, with September 17 identified as the last buying day; the dividends relate to FY2025-26.
- Why
- To determine shareholder eligibility for the announced dividend payouts.
Key facts
- GRSE dividend
- ₹6.75 per share interim dividend for FY2025-26
- Cochin Shipyard dividend
- ₹1.50 per share final dividend on a ₹5 face-value share
- Record date
- September 18
- Stated last buying day
- September 17
- Dividend yield comparison
- GRSE: 0.55%; Cochin Shipyard: 0.57%
- GRSE quoted price
- ₹2,338 per share at 10 a.m. in the cited trading update
- GRSE performance
- Down 9.95% over one year and up 35.89% over two years
Sources
Related news
Eight PSU Stocks Offer Dividend Yields Above Five Percent
SAIL, NMDC Dividend Yields and Stock Performance Compared
Dividend Record Dates Put Dozens of Indian Stocks in Focus
Stocks Set to Turn Ex-Dividend on September 18
SAIL Sets September 30 Record Date for ₹2.35 Dividend
Indian Dividend Stocks Set Ex-Dividend Dates This Week
Rajnath Singh Praises Suvendu Adhikari, Backs Bengal’s Development Role
Chandernagore Restoration Revives Its Indo-French Heritage and Tourism Plans
