500% DIVIDEND Per Share: FMCG company Godrej Consumer Products has declared a whopping 500 per cent dividend payment. The company made the announcement about dividend payment in its Q2 results. Godrej Consumer has also set the record date and payment date for dividend.
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Godrej Consumer is a multinational FMCG company based in Mumbai. It makes soap, hair colourants, toiletries and liquid detergents.
The board of Godrej Consumer, which is a constituent of Nifty Next 50 index, on Thursday declared a 500 per cent dividend payment on each stock of Re 1.
The 500 per cent dividend translates into a payout of Rs 5 on each stock.
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“Declared interim dividend Rs 5 per share (500 % on equity shares of face value of Re 1 each) for the financial year 2024-25,” a company filing read.
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