2 Big Multibagger PSUs Set To Recommend Dividend Next Week

Board of Directors of two leading public sector undertakings will hold meeting next week to consider interim dividend and final dividend. Both the stocks delivered multibagger returns in last 1-year. These two stocks are Mazagon Dock Shipbuilders and Transformers and Rectifiers (India) Ltd. Mazagon Dock Shipbuilders shares witnessed steep fall of 7.10% and Transformers and Rectifiers share price slipped 3.89% on April 4, 2025 when Sensex plummeted 930.67 points to settle at 75,364.69. Check more details below:

Mazagon Dock Shipbuilders To Consider Dividend

As per the BSE filing of Mazagon Dock issued as on March 28, 2025, “A meeting of the Board of Directors of Mazagon Dock Shipbuilders Limited (the Company) is scheduled to be held on Tuesday, 08 April 2025, inter-alia, to consider declaration of 2™ interim dividend for the financial year 2024-25 to the equity shareholders of the Company.”

2 Big Multibagger PSUs Set To Recommend Dividend Next Week, Eligible?

Mazagon Dock Shares Performance

The company has a market cap of Rs 1,02,506.93 crore. The ROE of the stock is 40.47%. Mazagon Dock Shipbuilders share price settled with deep decline of 7.10 to Rs 2541.20 per share on April 4, 2025. Mazagon Dock share price zoomed 24.59% in last 6-month, gained 131.38% in last 1-year, and surged 1773.5% in last 3-years.

The 52-week high of Mazagon Dock share price on BSE is Rs 2929.98 per share (as on 05/07/2024) and 52-week low price is Rs 1046.00 per share (as on 13/05/2024), respectively.

Mazagon Dock OFS

The stock witnessed steep fall on Friday (April 4, 2025) after the 2-days offer for sale (OFS) by government started. The promoter entity of the PSU defence stock has chalked out plans to sell nearly 1,14,10,366 shares (base offer), representing 2.83% of the total paid up equity share capital of the firm from April 4 to April 7, 2025.

The floor price was set at Rs 2525. Only non-retail investors were eligible to bid in the issue on Friday. Meanwhile, employees, retail investors, and non-retails investors who opted to carry forward their un-alloted bids will be able to bid in the OFS tomorrow (April 7).

2. Transformers and Rectifiers To Consider Dividend, Results

According to the regulatory filing of the PSU, “Transformers And Rectifiers (India) Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/04/2025, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ending 31st March, 2025. 2. To consider and recommend final dividend for the financial year ending 31st March, 2025, if any.

Transformers And Rectifiers Shares Performance

Transformers And Rectifiers share price slipped 3.89% on BSE on April 4, 2024 to settle at Rs 494.90 per share. The company has a market cap of Rs 14,855.21 crore. The ROE of TRIL is 13.54%. In last 1-month, TRIL share price zoomed 27.17% when Sensex gained 3.25%. Transformers And Rectifiers shares gained 123.50% in last 1-year and offered returns of 1613.05% in last 2-years. In last 5-years, the stock offered eye-popping returns of 16,563.30%.

The 52-week high price of Transformers And Rectifiers shares on BSE stood at Rs 650.23 per share (as on 08/01/2025) and 52-week low price is Rs 212.00 per share (as on 04/04/2024), respectively.

How To Be Eligible For Dividend

Record date plays key role in deciding shareholders’ eligibility for dividend. Shareholders whose name reflects in company’s record on the record date will become eligible for dividend. Record date is the date when the firm finalises list of shareholders qualified for the company’s dividend distribution. Both the PSUs has yet to issue the record date for interim dividend.

Disclaimer: The story highlights dividend and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.