News: Nestle India, a renowned player in the Fast-Moving Consumer Goods (FMCG) sector, is all set to reward its shareholders with a dividend for the financial year 2023-24. Let’s dive into the essential information:
Nestle India has consistently prioritized its shareholders. Here’s the recent dividend payout:
To be eligible for this monetary benefit, mark February 15, 2024, as the record date. On this day, Nestle India will determine which shareholders qualify for the dividend payment.
The third interim dividend for the financial year 2023-24 will be paid on and from March 5, 2024. Shareholders can look forward to receiving their dividends promptly.
In the quarter ended December 31, 2023, Nestle India reported a 4.38% increase in net profit, reaching ₹655.61 crore. This growth reflects the company’s robust financial health.
Nestle India’s stock has delivered impressive returns:
Nestlé India’s roots trace back to 1959 when it was incorporated in New Delhi. Since then, it has become synonymous with quality, taste, and trust. Nestlé’s commitment to providing nutritious and delicious products has made it a household name across the country.
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Nestlé India boasts an impressive portfolio of brands that cater to diverse tastes and preferences. Here are some of our favorites:
Nestlé India doesn’t just focus on taste; it also prioritizes sustainability. The company is committed to reducing its environmental footprint, promoting responsible sourcing, and supporting local communities.
As Nestlé India continues to innovate and adapt to changing consumer needs, we eagerly await what’s next. Perhaps new flavors, healthier options, or exciting collaborations – the possibilities are endless!
Nestlé India isn’t just about food; it’s about nourishing lives. So, the next time you savor a cup of Nescafé or whip up a quick Maggi meal, remember that Nestlé is right there with you, making every bite count.
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Q: When is the Record Date for Nestle India Limited’s 2024 dividend?
A: The Record Date for Nestle India Limited’s 2024 dividend is scheduled for February 15th, 2024.
Q: What is the value of the Third Interim Dividend?
A: The Third Interim Dividend for Nestle India Limited amounts to ₹7 per equity share.
Q: How can I stay updated on Nestle India Limited’s financial performance?
A: Investors can stay informed about Nestle India Limited’s financial performance by tracking its dividend stock price and reviewing its financial statements.
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