New Delhi: Defence PSUs Mazagon Dock Shipbuilders Limited (MDL) and Bharat Dynamics Limited (BDL) have announced September 19, 2025, as the record date for their final dividend payouts. Both companies will determine shareholder eligibility for dividends on this date.
Dividend Details: Mazagon Dock Shipbuilders
Mazagon Dock’s board has recommended a final dividend of 54.2%, translating to ₹2.71 per share of ₹5 face value, for FY2024–25. The dividend, subject to approval at the 92nd Annual General Meeting (AGM) scheduled for September 26, 2025, will be credited within 30 days of the meeting’s conclusion.
In its filing dated August 29, the company confirmed September 19, 2025, as the record date for determining eligible shareholders.
Dividend Details: Bharat Dynamics
Bharat Dynamics has announced a final dividend of 13%, amounting to ₹0.65 per share of ₹5 face value, for FY2024–25. The record date is also fixed for September 19, 2025.
The dividend will be disbursed within 30 days from its declaration at the 55th AGM, scheduled for September 26, 2025, at 3 PM.
Focus on Defence PSUs
Both MDL and BDL are critical players in India’s defence manufacturing ecosystem. Their consistent dividend declarations underline strong financial performance and shareholder value creation. The upcoming record date has drawn attention from market investors, making these stocks closely watched in the defence PSU space.
About Mazagon Dock Shipbuilders (MDL)
Mazagon Dock Shipbuilders Limited (MDL), a premier warship builder under the Ministry of Defence, constructs submarines and sophisticated naval vessels. Headquartered in Mumbai, MDL plays a pivotal role in strengthening India’s maritime security.
About Bharat Dynamics Limited (BDL)
Bharat Dynamics Limited (BDL), a Hyderabad-based Miniratna PSU under the Ministry of Defence, is a leading manufacturer of missiles and allied defence equipment. BDL contributes significantly to India’s self-reliance in missile systems.
