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Mazagon Dock Shipbuilders (NSE:MAZDOCK) Dividend Payout Ratio : 0.58 (As of Dec. 2024)


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What is Mazagon Dock Shipbuilders Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Mazagon Dock Shipbuilders's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.58.

The historical rank and industry rank for Mazagon Dock Shipbuilders's Dividend Payout Ratio or its related term are showing as below:

NSE:MAZDOCK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.29
Current: 0.26


During the past 8 years, the highest Dividend Payout Ratio of Mazagon Dock Shipbuilders was 0.29. The lowest was 0.18. And the median was 0.21.

NSE:MAZDOCK's Dividend Payout Ratio is ranked better than
61.22% of 147 companies
in the Aerospace & Defense industry
Industry Median: 0.31 vs NSE:MAZDOCK: 0.26

As of today (2025-04-23), the Dividend Yield % of Mazagon Dock Shipbuilders is 0.75%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Mazagon Dock Shipbuilders was 5.93%. The lowest was 0.39%. And the median was 1.22%.

Mazagon Dock Shipbuilders's Dividends per Share for the months ended in Dec. 2024 was ₹11.60.

During the past 12 months, Mazagon Dock Shipbuilders's average Dividends Per Share Growth Rate was 59.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 60.10% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Mazagon Dock Shipbuilders was 60.10% per year. The lowest was 60.10% per year. And the median was 60.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Mazagon Dock Shipbuilders Dividend Payout Ratio Historical Data

The historical data trend for Mazagon Dock Shipbuilders's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mazagon Dock Shipbuilders Dividend Payout Ratio Chart

Mazagon Dock Shipbuilders Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial - 0.18 0.29 0.19 0.23

Mazagon Dock Shipbuilders Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 - - 0.42 0.58

Competitive Comparison of Mazagon Dock Shipbuilders's Dividend Payout Ratio

For the Aerospace & Defense subindustry, Mazagon Dock Shipbuilders's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mazagon Dock Shipbuilders's Dividend Payout Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mazagon Dock Shipbuilders's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mazagon Dock Shipbuilders's Dividend Payout Ratio falls into.


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Mazagon Dock Shipbuilders Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Mazagon Dock Shipbuilders's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=11.1/ 47.987
=0.23

Mazagon Dock Shipbuilders's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=11.595/ 20.01
=0.58

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mazagon Dock Shipbuilders (NSE:MAZDOCK) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Mazagon Dock Shipbuilders Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mazagon Dock Shipbuilders's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mazagon Dock Shipbuilders Business Description

Traded in Other Exchanges
Address
Dockyard Road, Mazagon, Mumbai, MH, IND, 400 010
Mazagon Dock Shipbuilders Ltd is a defense public sector undertaking shipyard under the Ministry of Defence. The Company is engaged in building and repairing of ships, submarines, various types of vessels, and related engineering products for its customers. The company's activities are the construction of warships, submarines, and merchant ships with facilities situated in Mumbai and Nhava.

Mazagon Dock Shipbuilders Headlines

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