Defence Stocks to Watch: 5 Companies to Go Ex-Dividend in September
As investors continue to eye dividend-paying stocks, five defence sector companies are set to line up for dividend payouts in September. Apollo Micro Systems, Cochin Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Bharat Dynamics, and Mazagon Dock Shipbuilders will trade ex-dividend in the next few weeks, making them attractive options for those seeking regular income. The stocks have also delivered strong returns in 2025, with Apollo Micro Systems seeing a 150% gain year-to-date.
Key Takeaways:
- Apollo Micro Systems will go ex-dividend on September 8 with a final dividend of Rs 0.25 per share, making it the first defence stock to do so in September.
- Cochin Shipyard will go ex-dividend on September 12 with a final dividend of Rs 2.25 per share, with a share price gain of 2% in the past five sessions.
- Garden Reach Shipbuilders & Engineers has declared a final dividend of Rs 4.90 per share and will go ex on September 12, with a year-to-date return of 47%.
- Bharat Dynamics will go ex-dividend on September 19 with a final dividend of Rs 0.65 per share, with a share price movement of 1% in five days and 28% year-to-date.
- Mazagon Dock Shipbuilders will trade ex-dividend on September 19 with a final dividend of Rs 2.71 per share, with a 19% surge in 2025.
Statistics:
- Apollo Micro Systems share price has surged 13% in the last five days and 70% on a one-month basis.
- Cochin Shipyard share price has delivered a 27% return over six months.
- GRSE share price has hit a 52-week high of Rs 3,538.40.
- Bharat Dynamics share price has also tested a 52-week high of Rs 2,096.60.
- Mazagon Dock share price has risen 3% in the last five days and 2% on a one-month basis.
Sources:
- IE Online Media Services Pvt. Ltd.
- Contify.com