Nestle India Dividend Date 2024, Nestle India Dividend Payout Date, Nestle India Dividend Record Date 2024: Nestle India recently announced to reward its shareholders with a third interim dividend for the financial year 2023-24. The company at its board of directors meeting declared a third interim Dividend of 700 per cent. It also fixed the record and the payment date for the interim dividend. The record date is the last date on which shareholders are eligible to receive a dividend announced by the company which falls this week.
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Nestle India Dividend 2024 Amount
The company declared a third interim dividend of 700 per cent for the shareholders. A dividend is always calculated on the face value of a stock and not on the market price. The face value of each stock of Nestle India is Re 1, so dividend percentage of 700 translates to Rs 7 per equity share of the face value of Re 1 each for the financial year 2023-24.
Nestle India Dividend 2024 Record Date
The company has fixed Thursday, 15th February 2024 as the record date to determine the eligibility of shareholders to receive the dividend.
Nestle India Dividend Payment Date 2024
The company has also fixed Tuesday, 5th March 2024 as the date of payment of the third interim dividend, in case declared.
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Nestle India Dividend History, List
The company distributed dividend to its shareholders on three occasions in 2023, totalling to Rs 242. Earlier in 2022, it paid total dividends of Rs 210 to its shareholders on three occasions. Prior to that in 2021, FMCG company reward its shareholders with three dividend payments with a total amount of Rs 200.
Nestle India Dividend Yield
The company has had a dividend yield of 0.97 per cent in the last 12 months, at the current levels.
