Cochin Shipyard Ltd (CSL), one of India’s leading defence public sector undertakings (PSUs), turned ex-dividend on September 12, 2025. The company has recommended a final dividend of ₹2.25 per share (45% on a face value of ₹5) for FY25. Shareholders who purchased CSL shares on or before September 11 are eligible for the payout, while those buying after the ex-date will not receive this dividend.
Record Date and Ex-Dividend Timeline
The record date has been fixed as September 12, 2025, to identify eligible shareholders. With the T+1 settlement cycle in place, only investors who bought the stock by September 11 qualify for the dividend. From today, CSL trades ex-dividend, meaning the entitlement to this dividend rests with the existing shareholders as of the record date.
The proposed dividend will be taken up for approval during the company’s 53rd Annual General Meeting (AGM) scheduled on September 29, 2025. Once approved, the dividend will be credited directly to shareholders’ linked bank accounts by October 28, 2025, after applicable tax deductions.
Consistent Dividend History
Cochin Shipyard has maintained a healthy track record of rewarding shareholders through regular payouts:
- February 2025: Interim dividend of ₹3.50 per share
- November 2024: Dividend of ₹4 per share
- September 2024: Final dividend of ₹2.25 per share
This consistent distribution underlines the company’s stable earnings and its commitment to returning value to investors.
Strategic Importance of the Upcoming AGM
The upcoming 53rd AGM will not only finalise the dividend declaration but is also expected to provide shareholders with updates on CSL’s operational performance, order book status, and long-term growth roadmap in the defence and shipbuilding sectors. Given the government’s emphasis on naval modernisation and indigenisation, CSL’s role as a key defence PSU is set to become even more significant in the years ahead.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.