This Mid Cap Personal Products To Give Rs. 95/Share Dividend By Feb End

In its quarterly results announcement, the personal care products company P&G Hygiene and Healthcare has approved the interim dividend of Rs. 95 per share for the Fy 22.

Record date and dividend payment date

Record date for the said dividend was announced on January 27 and has been fixed at February 9, 2022.

Dividend payment date has been fixed at on or before February 28. And the stock shall begin to trade ex-dividend on February 8, 2022

 

Previous dividend history of PGHH and Q3Fy22 results

For the Fy 21, the company declared a total dividend of Rs. 235 per share which at the current share price of Rs 14785.60 this results in a dividend yield of 1.59%.

As per the company's financial statements as of December, the company's profit for the period ending December has been Rs. 21206 lakhs as against the prior quarter wherein the company posted profit to the tune of Rs. 21829 lakhs. This is even a decline in comparison to the corresponding period of the year ago period wherein the profit of Rs. 25,062 lakh was posted.

 

About Procter and Gamble Hygiene and Healthcare

The company is one of the country's Fast Moving Consumer Goods Companies.Globally Procter & Gamble owns brands like Duracell, Olay, Tide, Gillette, Braun, Pringles, Lacoste, Puma, Oral-B, HUGO, Mr.Clean, Cover Girl, Pantene Pampers ,Old spice are amongst others. In the just ended quarter, both FPIs as well as MFs upped their stake in the firm.

The company's various strengths have been good profit growth of 20.28% of past 3 years. Also ROE and ROCE has been healthy at 54.72% and 74.37% over the past 3 years. Also, the company is debt free with FY21 debt to equity at 0. While its P/E has been at a high 77.88

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Disclaimer:

The story is just for informational purpose and is not a call to invest in the share listed in the story.

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