Great Eastern Shipping declares 144% interim dividend, record date Nov 13
Great Eastern Shipping announced a 144% interim dividend of ₹14.40 per share, with the record date set for Nov 13 2026 and payout on or after Dec 1 2026.
Key Takeaways
- The board declared a second interim dividend of ₹14.40 per share (144% of ₹10 face value) for FY27.
- Investors must own the shares by 12 Nov 2026 (T+1 settlement) to qualify; the stock trades ex‑dividend on 13 Nov 2026.
- The payout translates to roughly a 1% dividend yield based on the closing price of ₹1,435.30 on 11 Nov 2026, while the trailing 12‑month yield sits at about 2.95%.
Great Eastern Shipping (NSE:GESHIP) announced on 6 Nov 2026 its second interim dividend for FY27, amounting to ₹14.40 per equity share – a payout of 144% on the ₹10 face value. The board fixed 13 Nov 2026 as the record date, meaning investors need to purchase the shares by 12 Nov 2026 (T+1 settlement) to receive the dividend, which will be paid on or after 1 Dec 2026.
What Happened
- Dividend declaration: ₹14.40 per share, representing a 144% interim payout for FY27.
- Record and ex‑dividend dates: Record date – 13 Nov 2026; ex‑dividend – 13 Nov 2026.
- Eligibility: Purchase by 12 Nov 2026 to qualify, given the Indian market’s T+1 settlement cycle.
- Payout timing: Expected on or after 1 Dec 2026.
Financial Analysis & Context
- Yield impact: Using the closing price of ₹1,435.30 on 11 Nov 2026, the interim dividend yields roughly 1%.
- Trailing yield: Trendlyne reports a 12‑month trailing yield of about 2.95%, reflecting cumulative payouts of ₹42.30 per share over the past year.
- Recent price performance: The stock fell 8.68% over the past week and 6.42% over the past month, yet posted 11.04% gain over three months and a 29.45% gain over the last year.
- Long‑term returns: Over three and five years, the share price has risen 89.44% and 325.53% respectively, indicating strong historical appreciation.
Independent Analysis & Key Risks
- Investor appeal: The dividend adds modest cash return in a low‑yield environment, potentially attracting income‑focused investors.
- Market perception: The modest 1% interim yield may be insufficient to offset recent price declines, limiting upside for yield‑seeking traders.
- Execution risk: The payout depends on the company’s cash flow generation; any slowdown in shipping rates or freight demand could pressure cash availability.
- Competitive landscape: Rival Indian bulk carriers may offer higher yields or more aggressive buyback programs, which could divert investor interest.
- Regulatory/operational uncertainty: Fluctuations in global freight markets, fuel price volatility, and potential changes in maritime regulations could affect future dividend sustainability.
Disclaimer: This report is for informational purposes only and does not constitute investment advice.
Sources & References
- View sourceLivemintNews Report
Great Eastern Shipping dividend 2026: Last day to buy today | Check record date, payout amount, history, yield, returns
- View sourceUpstoxNews Report
Dividend Alert: Last day to buy Emami, CAMS, Astral, Great Eastern Shipping, Orient Tech, 23 others for payout
- View sourceUnivestNews Report
Great Eastern Shipping Dividend 2026: Record Date
- View sourceMultibagg AINews Report
Great Eastern Shipping Company Declares ₹14.40 Dividend and Buyback
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