NESTLEIND
Nestle India Ltd
₹2,512.45
Nestle India Ltd Dividend 2024 : Should Nestle India Ltd be a part of your dividend portfolio?
Nestle India Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹2,42,649.43Cr. Its share price is ₹2,512.45 as on 11 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nestle India Ltd gave ₹158.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Defensive stocks do not always pay a dividend but as Nestle India Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2024, Nestle India Ltd has declared dividend of ₹2.75 - translating a dividend yield of 6.30%.
Let's look at Nestle India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nestle India Ltd’s revenue were ₹4,853.07Cr in the quarter ending June 2024. The revenue grew by 3.64% year on year basis since last quarter.
- Nestle India Ltd’s profits were ₹746.60Cr in the quarter ending June 2024. The profits grew by 6.91% year on year basis since last quarter.
- Nestle India Ltd’s dividend was ₹2.75 in the quarter ending June 2024.
Nestle India Ltd Dividend related ratios:
- Last dividend date: 08/07/2024
- Current Dividend Yield: 6.30%
- Annual dividend payment: ₹158.25
History of Nestle India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/07/2024 | CASH | ₹2.75 | 08/07/2024 | 16/07/2024 |
16/07/2024 | CASH | ₹8.50 | 25/04/2024 | 16/07/2024 |
15/02/2024 | CASH | ₹7 | 07/02/2024 | 15/02/2024 |
01/11/2023 | CASH | ₹140 | 19/09/2023 | 01/11/2023 |
21/04/2023 | CASH | ₹27 | 12/04/2023 | 21/04/2023 |
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