Large-cap FMCG Stock Declared Final Dividend Of Rs 75/share, Stock Soars 159.38% In 5 Yrs

Nestle India Ltd, a large-cap stock, has declared a Finale Dividend. The Board of Directors of the company in their Meeting held today, 16 February 2023, declared Rs 75/share Final Dividend for the Financial Year 2022-2023. The stock operates in the Fast Moving Consumer Goods or FMCG sector. Check below to know more:

Nestle India Declared Rs 75/share Interim Dividend

According to the exchange filing by the Board of Directors of Nestle India Ltd on 16th February 2023, "The Board of Directors recommended final dividend for the year 2022 of Rs. 75/- (Rupees Seventy-Five only) per equity shares of Rs. 10/- each."

Nestle India Dividend History

Nestle India has a good track record of Dividend payout. The stock has declared 66 dividends (including the recent one) since May 2001. Among these 66 dividends, 47 are Interim dividends and 17 are Final Dividends and 2 are Special Dividends.

 

Nestle India Stock Overviews

The stock of Nestle India is currently trading at Rs 19,755.05/share, 2.57% up from its previous close of Rs 19,260.95/share. The stock recorded its 52 week high on 24 October 2022 at Rs 21,050/share and 52 week low on 19 May 2022 at Rs 16,000/share. It has a market capitalisation of Rs 1,89,722 crore.

 

Nestle India Stock Return in the past 5 Years

The stock in the past 1 week has gained 3.65%, whereas, in the past 1 month it declined 0.21%. In 3 months it declined by 2.01%. In the past 1 year, it gained 8.07%. It gave 20.41% positive return in the past 3 years. In the past 5 years, it gave the highest 159.38% positive return.

 

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