Great Eastern Shipping Company Ltd., a well-known maritime transport company in the private sector, has once again announced a dividend for its investors. This time, the company has declared an interim dividend of ₹7.20 per share, which will provide financial benefits to shareholders. Although the company's profits and revenue have declined this quarter, it has nevertheless announced a dividend in an attempt to maintain investor confidence.
Loss in Quarterly Results, Yet Dividend Maintained
On July 31, 2025, the company announced its results for the first quarter (April to June) of fiscal year 2026. According to the company, its profit in the April-June 2025 quarter decreased by 37.86 percent to ₹504.50 crore. In the same quarter last year, this figure was ₹811.94 crore. Moreover, the company's total revenue has also decreased. In the current quarter, the company's total operating revenue decreased by 20.34 percent to ₹1201.47 crore, while last year the figure was ₹1508.23 crore.
Record Date and Payment Date Announced
The company has declared August 6, 2025, as the record date for the dividend. Investors who hold the company's shares on this date will be eligible for the dividend. The dividend payment will commence from August 22, 2025. This dividend will be paid at the rate of ₹7.20 per share.
Strong Legacy of Paying Dividends Maintained
Great Eastern Shipping Company regularly pays dividends to its investors. Prior to this, the company had announced another interim dividend in May 2025. In February 2025, the company paid a dividend of ₹8.10 per share. In 2024, the company declared a total of four dividends amounting to ₹33.30 per share for the entire year, while in 2023, a total of five dividends amounting to ₹35.40 per share were paid. This clearly shows that the company has been consistently proactive in providing benefits to its shareholders.
Fluctuations in Share Prices
The company's share performance has shown slight sluggishness in recent days. On Friday, August 1, 2025, the company's share closed at ₹930.60 with a decrease of 0.64 percent. However, the share's 52-week high is ₹1418.00 and the low is ₹797.25. This makes it clear that the share has also performed well in the past year.
Company's Business and Sector
Great Eastern Shipping Company Limited is one of India's largest private sector shipping companies. Its main business is providing maritime transportation services. The company transports crude oil, petroleum products, gas, and bulk commodities from one location to another. It has its own b fleet of ships and provides services not only domestically but also internationally.
Company's Reputation in the Market
Great Eastern Shipping is counted among those companies in the stock market that regularly pay dividends and benefit their investors. The decline in the company's profits is certainly a matter of concern, but the dividend announcement by the management makes it clear that the company prioritizes the interests of its shareholders.
Which Investors Will Receive the Dividend
According to the company, those whose demat accounts hold its shares on August 6, 2025, will be eligible for this dividend. The company will begin its payment from August 22, 2025. This amount will be directly transferred to the investors' bank accounts that are linked to their demat accounts.
Investor Reaction
After the dividend announcement, investors did show happiness, but the market momentum remained sluggish. Some investors had expected that the company would not give a dividend due to the fall in profits, but on the contrary, the company has given a positive signal by giving a dividend. This decision is seen as a way to retain investors and demonstrate their stability in the market.
How the Dividend Process Works
Whenever companies listed on the stock exchange announce a dividend, they fix a record date. Only those who hold the company's shares until this date are paid the dividend. After this, the dividend is paid into their bank accounts on a fixed date. This entire process is monitored by the stock exchange.
