Colgate Palmolive Declares Interim Dividend of Rs 20

Colgate Palmolive Declares Interim Dividend of Rs 20

The Board of Directors of Colgate Palmolive (India) Ltd (COLPAL) at its meeting held on March 22, 2021, has declared second interim Dividend of Rs 20 per equity share.

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Colgate Palmolive Quarterly Result

Colgate-Palmolive (India) on Thursday reported a 24.74 per cent increase in net profit at Rs 248.36 crore in the third quarter ended in Dec. The company had posted a net profit of Rs 199.1 crore in the same quarter a year ago. Total income during the period under review stood at Rs 1,241.81 crore, up 7.70 per cent, as compared to Rs 1,152.97 crore in the year-ago quarter.

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Colgate Palmolive Dividend Record Date

The company in its letter has informed the exchanges that it has fixed March 31, 2021 as the Record date. In addition, the declared dividend will be paid on and from April 16, 2021.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Director at their meeting held today have declared a Second Interim Dividend of Rs. 20/- (Rupees Twenty Only) per equity share of Re.1/- (face value) for the financial year 2020-21

Important Dates

  • Company – Colgate Palmolive (India) Ltd
  • Script Name – COLPAL (NSE) and 500830 (BSE)
  • Dividend Amount – 20 Rs Per Share
  • Dividend Type – 2nd Interim
  • Ex-Dividend Date – 30 March 2021
  • Record Date – 31 March 2021
  • Payment Date – On and from April 16, 2021

Also, you can find more information about Colgate Palmolive (India) Ltd on National Stock Exchange and Moneycontrol – Colgate-Palmolive (India) Limited is India’s leading provider of scientifically proven oral care products. The range includes toothpastes tooth powder tooth brushes and mouth washes under the ‘Colgate’ brand. Colgate Palmolive Company U.S.A. is the company’s ultimate holding company.

 

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