Great Eastern Shipping Dividend 2026: Rs 14.40 Second Interim Payout With a 13 November Record Date, Backed by a Q2 Profit of Rs 1,269 Crore That Includes Ship Sale Gains

The Great Eastern Shipping dividend for the second interim is Rs 14.40 a share, and the record date is Friday, 13 November 2026, which is also the ex-dividend date. Payment is due on or after 1 December 2026. The announcement came with Q2 FY27 results that showed profit more than doubling. This note covers the dividend dates, the total payout, the quarter's numbers, the buyback and the cyclical risks of a shipping stock.

Dividends are declared by the board and can change from quarter to quarter. Check NSE and BSE for the official announcement. Market context comes from the Nifty 50 and Sensex, and the stock is often called GE Shipping.

Click Here – Get Free Investment Predictions

Great Eastern Shipping Dividend: Dates and Amount

Item	Detail	Note
Great Eastern Shipping dividend: second interim dividend	Rs 14.40 per share	Declared with Q2 FY27 results
Record date	Friday, 13 November 2026	Same as the ex-dividend date
Great Eastern Shipping dividend: payment date	On or after 1 December 2026	Per the announcement
Great Eastern Shipping dividend: total interim dividend this year	Rs 28.80 per share	Two interim payouts of Rs 14.40
Great Eastern Shipping dividend: total dividend in FY26	Rs 35.10 per share	Previous year, for comparison

To receive the dividend, you need to own the shares before the ex-date. With the record date and ex-date on the same day, shares bought on 13 November may not qualify, so check the exact cut-off with your broker. The share price usually adjusts lower by about the dividend amount on the ex-date, so a dividend is a return of cash and not extra value.

Compare dividend stocks on the Univest Screener

Q2 FY27 Results Behind the Payout

Measure	Q2 FY27	Comparison
Great Eastern Shipping dividend: net profit	Rs 1,269.23 crore	Up 118.3% year on year; down about 3% from the previous quarter
Great Eastern Shipping dividend: revenue	Rs 1,824.42 crore	Up 46.9% year on year; down about 9% from the previous quarter
Great Eastern Shipping dividend: ship sale gains	Rs 307.90 crore	Included in profit
Record date: first-half net profit	Rs 2,578.07 crore	Six months
Record date: borrowings	Rs 799.57 crore	Low against equity
Record date: shareholders' equity	Rs 18,932.41 crore	As reported

Profit has two parts: the shipping business and one-off gains from selling ships. If the Rs 307.90 crore of gains is subtracted, a simple calculation that ignores tax, profit would be about Rs 961.33 crore (my arithmetic). Sale gains are not repeatable at will, so dividends funded by them are not a steady pattern. Revenue and profit both fell from the previous quarter.

Download the Univest iOS App or Univest Android App to get dividend and results alerts on your phone.

Buyback and the Shipping Cycle

Item	Detail	Note
Record date: buyback size	Up to Rs 900 crore	At a maximum price of Rs 1,530 per share
Record date: status	First buyback by the company	Sources differ on shares bought so far
Record date: sector nature	Cyclical	Freight rates and ship values swing

One source reports 4,277,194 shares bought for Rs 627.42 crore, while another snippet shows 1,858,941 shares for Rs 262.72 crore, so the buyback progress is unclear and should be checked on the exchange. Shipping earnings follow freight rates and ship prices, which change with global trade, so high payouts in a strong year do not assure future years.

Checklist and Risks

Investor situation	Questions to consider
Record date: existing holder	Do I understand that the ex-date price adjustment offsets the dividend?
New investor	Have I looked past the payout to the cycle, and not only the dividend headline?
Income investor	Is the payout sustainable if ship sale gains do not repeat?
Long-term investor	Do cyclical earnings fit my risk limit?

The main risks are falling freight rates, lower ship values, geopolitical disruptions, a fuel price spike and reliance on one-off gains. Dividends are taxable in the hands of investors. Univest does not recommend any security.

Conclusion

The Great Eastern Shipping dividend of Rs 14.40 has a record date of 13 November 2026, with payment from 1 December. Q2 profit of Rs 1,269.23 crore included Rs 307.90 crore of ship sale gains, and shipping stays cyclical. Consult a SEBI-registered adviser before acting.

Frequently Asked Questions on the Great Eastern Shipping Dividend

What is the Great Eastern Shipping dividend?

Ans. The company declared a second interim dividend of Rs 14.40 per share, taking the total interim dividend this year to Rs 28.80 per share.

What is the record date for the Great Eastern Shipping dividend?

Ans. The record date and ex-dividend date are both Friday, 13 November 2026. Check with your broker whether your holding qualifies.

When will the dividend be paid?

Ans. Payment is due on or after 1 December 2026, as per the announcement.

How did GE Shipping perform in Q2 FY27?

Ans. Net profit was Rs 1,269.23 crore, up 118.3% year on year, and revenue was Rs 1,824.42 crore, up 46.9%. Both fell from the previous quarter.

Did one-off gains help the profit?

Ans. Yes. The result includes Rs 307.90 crore of ship sale gains. Without them, and ignoring tax, profit would be about Rs 961.33 crore by my arithmetic.

What is the buyback?

Ans. The company announced its first buyback of up to Rs 900 crore at a maximum price of Rs 1,530 per share. Sources differ on progress, so check the exchange filings.

Is the dividend taxed?

Ans. Dividends are taxable as income in the hands of the investor under current rules, so check your tax position or ask a tax adviser.

Should I buy Great Eastern Shipping for the dividend?

Ans. Univest does not recommend any security. The share price usually adjusts on the ex-date, and shipping is cyclical, so consult a SEBI-registered adviser before acting.