Dividend Windfall: JSW Energy, Cochin Shipyard, Page Industries Among Highest Payout Leaders

With the earnings season under way, six Indian firms have stolen the limelight by announcing mammoth dividends-some of as much as Rs 200 per share-pleasing shareholders and indicating healthy financial health.

 

Cochin Shipyard:

PSU shipbuilder PSU announced a last dividend of Rs 2.25 per share for FY25, after robust Q4 numbers with a 10% YoY profit increase to Rs 287 crore. Adding previous interim dividends, the total payout is Rs 9.75 per share. Shares jumped 6% after the announcement, showing investor optimism.

 

Page Industries:

The owner of the Jockey brand continues to be a dividend darling. Following a total of Rs 770 per share payout in 2024, the board should declare another dividend, which can bring this year's total close to Rs 200 per share. The company's regular high payouts give it the top income investor pick.

 

JSW Energy:

The heavyweight power major announced a Rs 2 per share dividend following a 16% YoY increase in Q4 net profit to Rs 408 crore. The firm also announced up to Rs 10,000 crore in fund-raising plans, highlighting its growth intentions.

 

Other Notables:

These heavyweight players have been joined by firms such as Indian Energy Exchange, Tata Consultancy Services, and Hindustan Unilever in announcing desirable dividends, rewarding long-standing shareholders.

 

These dividend announcements speak of a high focus on shareholder returns, where high cash flows and profitability propel rich dividends. The investors of these firms are living it up as dividend season increases portfolio worth.

 

Sources: News18, Financial Express, Business Today