Shipping Corporation of India Declares ₹6.59 Dividend and Record Dividend Payout

The Shipping Corporation of India Ltd (SCI), a Navratna status public sector undertaking, has declared its highest-ever dividend of ₹6.59 per share for the financial year 2025. The company, which has witnessed consistent dividend distribution, has set September 5, 2025, as the record date to determine shareholder eligibility.

SCI Announces ₹6.59 Dividend, Marking Its Largest-Ever Dividend Payout

Shipping Corporation of India Ltd, with a market capitalisation of ₹9,814.39 crore as of August 27, 2025, announced a 65.90% dividend, translating to ₹6.59 per share with a face value of ₹10. This marks the highest dividend ever declared by the company, subject to shareholder approval at its upcoming AGM on September 19, 2025. If approved, the dividend will be paid within 30 days from the date of approval.

Dividend History Demonstrates Growth Momentum

SCI has consistently rewarded its shareholders in the preceding years. In 2024, the dividend was ₹0.50, while in 2023, it stood at ₹0.44. The sharp increase signifies the firm’s improved financial position and operational efficiency in 2025. 

Record Date Fixed for Shareholder Eligibility

SCI has fixed September 5, 2025, as the record date to identify shareholders eligible for the ₹6.59 dividend. Investors holding the company’s shares on or before this date will qualify to receive the payout after shareholder approval.

Read More: Great Eastern Shipping Signs Deal to Buy Suezmax Crude Carrier; Share Price in Focus!

Shipping Corporation of India Share Price Performance

On August 28, 2025, Shipping Corporation of India share price opened at ₹210.21 on NSE, below the previous close of ₹210.80. During the day, it surged to ₹216.50 and dipped to ₹208.75. The stock is trading at ₹214.87 as of 11:52 AM. The stock registered a gain of 1.93%.

Over the past week, it has declined by 0.74%, over the past month, it has declined by 0.26%, and over the past 3 months, it has moved up by 4.41%.

Conclusion

Shipping Corporation of India’s record ₹6.59 dividend for FY25 marks a significant milestone in its corporate journey. Alongside strong share performance over the long term and consistent historical payouts, this development reinforces shareholder value and positions SCI as a standout among dividend-yielding PSUs.

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