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Colgate-Palmolive India sets interim dividend record date, awaits board approval

EditorAmbhini Aishwarya
Published 18/10/2023, 03:58 pm
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Colgate-Palmolive (NYSE:CL) (India) Ltd has announced an interim dividend record date of November 6, 2023, subject to the approval of the Board at a meeting scheduled for October 26, 2023. The meeting also seeks to approve Unaudited Financial Results for the half-year ending September 30, 2023.

The company's trading window is set to close on September 29 and will reopen two days after the public announcement of the results. This comes as part of the company's recent financial activities, which saw a dividend payment of 21 in May 2023 and a total dividend of ₹39 in the previous year.

During Wednesday's opening session, shares of Colgate-Palmolive (India) were priced at ₹2060.10 (USD1 = INR83.224), reflecting a marginal decrease of around 0.47%. Despite this slight dip, the company's shares have seen substantial growth over the past six months, increasing by 32% and significantly outpacing the BSE Sensex's return of just over 11%.

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