1shareholders Nestle India’s Dividend Landscape: Triumphs, Challenges, and Empowerment

  • Nestle India to announce dividends for shareholders.
  • Board meeting on February 7 for interim dividend declaration.
  • Record date set for February 15 for third interim dividend.
  • Q3 results for 2024 to be discussed on February 7.
  • Nestle India’s stock part of S&P BSE SENSEX.
  • Shares fell 9.33% in the past year.
  • Market cap stands at Rs 2,39,231.50 crore as of January 25.



shareholders Nestle India Dividend 2024: Record Date, Announcement :

Nestle India, a well-known FMCG company, is about to issue dividends for its cherished shareholders. The company’s board meeting on February 7 will examine the declaration of an interim dividend. Nestle India’s annual dividend yield per share is 0.98 percent, making it an appealing option for those seeking returns on their investments. Dividends, which are a mark of appreciation from the company to its shareholders, are normally paid out in cash from earnings.

Nestle India Dividend Announcement for 2024 :

Nestle India reported in an exchange filing that company intends to explore issuing an interim dividend at its board meeting on February 7. The filing indicated expressly that the unaudited financial statements for the fourth quarter ended December 31, 2023 will be discussed at the planned meeting.

“At the said Meeting, the Board of Directors will also consider declaration of third interim dividend for the Financial Year 2023-24, if any,” the company stated in its statement.

Nestle India’s 2024 Dividend Record Date :

Nestle India has formally announced February 15 as the record date for assessing eligibility for the third interim dividend for fiscal year 2023-24, if issued. A record date is the standard for determining which shareholders are eligible for the impending dividend or other corporate actions.

Additionally, if the third interim dividend for Fiscal Year 2023-24 is awarded, it will be paid out beginning March 5, 2024.

Nestle India Q3 Results 2024 :

The company’s board of directors is set to meet on February 7 to discuss and approve the previous quarter’s financial results. The unaudited financial statements for the fourth quarter of 2023, which ends on December 31, will be the focus of discussion during the meeting.

Nestle India’s Share Price History :

Nestle India’s stock is a key component of the S&P BSE SENSEX. According to BSE data, Nestle India’s shares have fallen 9.33% in the last year. On the BSE, the stock has traded between Rs 1,788.80 and Rs 2,770.75 over the past 52 weeks. According to data from the BSE website, the company’s market capitalization was Rs 2,39,231.50 crore on January 25.

Keeping a watch on Nestle India’s dividend announcements, record dates, and financial outcomes allows investors to make informed decisions about their investment strategies and portfolio management.

Leave a comment