Rs 21/Share Dividend For FY23: Dividend King FMCG Giant Sets Record Date For FY24

Large cap FMCG sector stock, Colgate-Palmolive (India) Ltd fixed November 6, 2023 as record date for payment of interim dividend. Board of directors of Colgate-Palmolive will meet on October 26, 2023 to declare Unaudited Financial Results for the quarter and half year ended September 30, 2023, and to consider the declaration of interim dividend (if any). Current market price of Colgate-Palmolive share on BSE today is Rs 2076.95 per share with marginal intraday gain of 0.17%. Colgate-Palmolive shares offered return of 32% in last 1-year. Check details below:

Colgate-Palmolive To Announce Q2 Results, Interim Dividend, If Any: According to the BSE filing of Colgate-Palmolive dated October 16, 2023, "Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a Meeting of the Board of Directors of the Company will be held on Thursday, October 26, 2023, inter alia, to approve and take on record the Unaudited Financial Results for the quarter and half year ended September 30, 2023, and to consider the declaration of interim dividend (if any)."

Further, the Company has fixed November 6, 2023 as the record date for payment of aforesaid dividend, if declared by the Board of Directors in the said meeting, added the regulatory filing of the company.

Colgate-Palmolive Dividend History: The company declared 60 dividends since July 25, 2001. In the past 12 months, Colgate-Palmolive (India) Ltd. has declared an equity dividend amounting to Rs 39.00 per share. At the current share price of Rs 2076.95, this results in a dividend yield of 1.88%. Last dividend that the company announced was Rs 21 per equity share and ex-dividend date was May 19, 2023, according to Trendlyne.

This FMCG giant has emerged as one of the leading dividend kings and pays attractive dividends to its shareholders.

Colgate-Palmolive Stock Performance & Return Over Years: Current market price of Colgate-Palmolive share on BSE is Rs 2076.95 apiece. Its 52-week high price is Rs 2096.25 per share and 52-week low price is Rs 1434.60 per share, respectively. The company's market capitalisation is Rs 56,573.01 crore. Colgate-Palmolive shares soared 33% in last 6-months, gained 24% in last 2-years, jumped 44% in last 3-years, and rallied 91% in last 5-years.

Colgate-Palmolive Financials: The company for the quarter ended June 30, 2023 announced its consolidated net profit at Rs 273.7 crore, up 30.5% as against Rs 209.7 crore in the corresponding quarter of last fiscal. Its revenue announced at Rs 1,314.73 crore, up 10.7% from Rs 1,186.59 crore declared in the year-ago quarter, according to its regulatory filing.

Disclaimer: The stock just highlights the dividend and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.