The board of Colgate Palmolive has declared a second interim dividend for the financial year 2016-17 of ₹3 per share of ₹1 each (face value) on the expanded capital base post the bonus issue.
The dividend payout to the shareholders will be ₹98.2 crore (inclusive of the dividend distribution tax of ₹16.6 crore) and will be paid on December 27, 2016, to those shareholders whose names are on the Register of Members as on December 16, 2016.
Including the first interim dividend of ₹4 per share declared in October 2016, the company has declared a total interim dividend of ₹7/share for the eight months up to November 2016.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.