Multibagger FMCG Stock, With High ROE, Sets Record Date For Interim Dividend

With nearly 90 years of heritage in India, Hindustan Unilever Limited (HUL) is India's largest fast-moving consumer goods company. The company has a TTM EPS (earning per share) of 39 and TTM PE of 66.66. It has a ROE of 18.55. It has announced its record date for interim dividend. Check key takeaways pertaining to the stock below:

1. Hindustan Unilever Declares Record Date For Interim Dividend

The board of directors of the large cap company stated in the exchange filing yesterday, "With nearly 90 years of heritage in India, Hindustan Unilever Limited (HUL) is India's largest fast-moving consumer goods company. ('Listing Regulations, 2015'), a meeting of the Board of Directors of the Company will be held on Friday, 21st October 2022 inter alia, to
- consider the Unaudited Standalone and Consolidated financial results for the quarter and half year ended 30th September, 2022 along with the limited review report of the auditors for the corresponding period;
- consider the proposal for payment of interim dividend, if any, for the financial year ending 31st March, 2023."

2. Hindustan Unilever Stock Outlook

The last trading price of the stock is Rs 2598 apiece with 52-week high at Rs 2733 apiece and 52-week low at Rs 1901 apiece, respectively. The stock is currently trading at 4.94% discount from its 52-week high level.

3. Hindustan Unilever Dividend History

The company has maintained a good track record when it comes to dividend payment. It has regularly declared hefty dividend in the last 5 years. Hindustan Unilever for the year ended March 2022 declared an equity dividend of 3400.00% or Rs 34 per share.

If the current share price of Rs 2598 is taken into consideration, it has a dividend yield of 1.31%.

4. Hindustan Unilever 5-Years Return

The stock has given a 5-years return of 115%, 3-years return of 34%, and a negative return of 3% in last 1 year.

5. Hindustan Unilever Market Capitalisation

The company has market capitalisation of Rs 6,10,623.53 crore.

6. Hindustan Unilever About

It came into existence in 1933 and operates in FMCG Sector.

According to the website of the company, "On any given day, nine out of ten Indian households use one or more of its brands, giving it a unique opportunity to build a brighter future. Its portfolio includes leading household brands such as Lux, Lifebuoy, Surf excel, Rin, Wheel, Glow & Lovely, Pond's, Vaseline, Lakmé, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall's, Horlicks and Pureit.

HUL is a subsidiary of Unilever, one of the world's leading suppliers of Food, Home Care, Personal Care and Refreshment products with sales in over 190 countries."