Midcap Personal Care Stock Recommends Rs 50/Share Dividend, Scrip Up 24.98% In 3 Months

Gillette India Ltd., a midcap personal care company, on Tuesday, recommended a dividend of Rs 50 per share for the financial year that ended on June 30, 2023. The company follows a July-June financial year. The company has a market cap of Rs 17,967.49 Crore.

The dividend shall be paid between November 30, 2023, and December 26, 2023, on approval of the members at the company's 39th Annual General Meeting (AGM).

"The Board of Directors of the Company at its meeting held today, inter alia, have recommended a dividend of Rs. 50 per Equity Share (Nominal Value of Rs. 10/- each), for the Financial Year ended June 30, 2023. The divided shall be paid between November 30, 2023 to December 26, 2023, on approval of the Members at the 39th Annual General Meeting," the Board said in an filing.

Gillette India shares closed on Tuesday at Rs 5,514, down Rs 10.10 or 0.18% from the previous close of Rs 5,524.10 per share. It has given 1.64% in 1 week, however, it declined 3.48% in 1 month. In 3 months, it gained 2498%. It has given 2.16% return in 1 year. In the past 2, 3 and 5 years, it has fallen 5.32%, 2.17%, and 14.67%, respectively.
Stock's 52-week high is Rs 5,972.45 per share and the 52-week low is Rs 4,140 per share.

Gillette India Limited is engaged in manufacturing and selling of packaged fast-moving goods under its various brands in the grooming and oral care segment. Gillette sells razors and blades, shaving gel, shaving cream and after-shave through various modes like drug stores, department stores, grocery stores, mass merchandisers, and membership club stores.

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