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News for India > Business > Garden Reach Shipbuilders shares to turn ex-dividend tomorrow; investors must buy today to get ₹5.75 interim dividend | Stock Market News
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Garden Reach Shipbuilders shares to turn ex-dividend tomorrow; investors must buy today to get ₹5.75 interim dividend | Stock Market News

Last updated: November 10, 2025 1:40 pm
7 months ago
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Investors who wish to receive the ₹5.75 per share interim dividend from Garden Reach Shipbuilders & Engineers, announced by the company earlier this month, must take delivery of the shares by the end of trade today, November 10. The record date for the interim dividend of ₹5.75 per share has been set for tomorrow, November 11, which will determine the shareholders eligible to receive the dividend.

Due to the T+1 settlement cycle in India, investors must purchase the shares at least one day before the record date.

The company’s Board of Directors, at its meeting held on November 4, approved an interim dividend of ₹5.75 per equity share of face value ₹10 each for FY2025–26, amounting to ₹65.87 crore, out of the profits for the half year ended September 30, 2025.

For comparison, the company paid an interim dividend of ₹8.95 per share in February 2025 and a final dividend of ₹4.90 per share in September 2025. In the past 12 months, Garden Reach Shipbuilders & Engineers Ltd. has declared an equity dividend totaling ₹13.85 per share.

At the current share price of ₹2,683.10, Garden Reach Shipbuilders & Engineers Ltd.’s dividend yield stands at 0.52%.



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