One of the famous FMCG giants NESTLE India has declared interim upcoming dividend of 1400% for November, 2023. All details are given below.
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Upcoming Dividend Details:
- Company: NESTLE India
- Sector: FMCG
- Ex-Date: 1st November, 2023
- Dividend Type: Interim
- Dividend Percentage: 1400%
- Dividend Amount: Rs. 140/share
- Payment Date: 16th November
Company Details:
The largest food and beverage corporation in the world, Nestlé S.A., is the parent company of Nestlé India. In India, Nestlé India manufactures and markets a vast array of food, drink, chocolate, and confectionery items. Nestlé India is home to several well-known brands, including Nestlé Munch, KitKat, Nescafé, Maggi, and Milkybar.
Nestlé India is devoted to long-term sustainable growth and shareholder happiness, as well as to supplying Indian consumers with goods that meet international standards. They have many co-packers in India in addition to eight plants.
NESTLE India fundamentals:
- Market Cap: Rs. 2,33, 790 Cr.
- ROE: 95.37%
- Dividend Yield: 1.03%
- Face Value: Rs. 10
- Book Value: Rs. 296.29
- Debt to Equity: 0.10
- P/E Ratio: 78.69
- P/B ratio: 57.77
Upcoming Dividend Stock NESTLE Financials:
| YEAR to Year | 2018 | 2019 | 2020 | 2021 | 2022 |
| Revenue | Rs. 11, 551 Cr | Rs. 12, 616 Cr | Rs. 13, 496 Cr | Rs. 14,861 Cr | Rs. 16,998 Cr |
| Profit | Rs. 1607 cr | Rs. 1968 cr | Rs. 2082 cr | Rs. 2118 Cr | Rs. 2391 Cr |
| Net Worth | Rs. 3661 Cr | !919 cr | 2019 Cr. | Rs. 1946 Cr. | Rs. 2459Cr. |
How to invest in NESTLE India?
- Download Groww, Upstox or Angelone
- Open FREE Demat Account (Complete online KYC)
- Login
- Add Money to wallet
- Buy the stocks in Delivery
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