If you are a Cochin Shipyard shareholder, the record date for the dividend payout schedule is today – September 12 . This defence sector stock has announced a final dividend for FY25 and fixed key dates that investors will want to note. With the AGM set later this month, let’s take a look at the key things investors need to watch out for –
Cochin Shipyard Dividend: Record date and ex-date
Cochin Shipyard has fixed September 12 (today), as the record date to determine the list of eligible shareholders for its final dividend.
In an exchange filing dated August 2, the company stated, “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.”
This means only shareholders whose names appear on the company’s books by September 12 will be eligible. Due to the T+1 settlement cycle, the effective cut-off for buying shares was September 11. Investors who purchase on or after September 12 will not qualify, as the stock will trade ex-dividend from that day.
Cochin Shipyard Dividend: How much will shareholders get and when?
The board has recommended a final dividend of 45%. This is equivalent to Rs 2.25 per equity share of Rs 5 face value for FY25. This proposal will be tabled for approval at the upcoming 53rd Annual General Meeting on September 29,.
As per the exchange filing, “The final dividend for the financial year 2024-25, as recommended by the Board of Directors, if approved at the AGM, will be paid, subject to deduction of tax at source, by October 28, 2025.”
Cochin Shipyard Dividend: Credit timeline
Once approved, Cochin Shipyard dividend will be credited within 30 days of the AGM. Eligible shareholders can expect the payment directly into their linked bank accounts by October 28.
Cochin Shipyard Dividend: Previous track record
The company had declared an interim dividend of Rs 3.50 per share in February this year..
Additionally, this defence sector stock had paid out Rs 4 dividend in November 2024. Similarly, in September 2024, the company also paid out Rs 2.25 as a final dividend.
Cochin Shipyard share performance
Over the past six months, Cochin Shipyard share price has rallied 30%, but on a one-year basis, they are down about 8%. In 2025 so far, the stock has gained 5%, giving the PSU a market capitalisation of around Rs 43,440 crore.
The stock’s 52-week high stands at Rs 2,545 per share.