Nestlé India Limited manufactures and sells food products in India. The company provides milk products and nutrition, including dairy whitener, condensed and UHT milk, yoghurt, maternal and infant formula, baby food, and health care nutrition products; prepared dishes and cooking aids, such as noodles, sauces, seasonings, pasta, and cereals; powdered and liquid beverages comprising instant coffee and tea, as well as ready to drink beverages; and confectionery products consisting of bar countlines, tablets, and sugar confectionery products. It also exports its products internationally. The company was incorporated in 1959 and is headquartered in Gurugram, India.
Nestlé India Dividend Announcement
• Nestlé India announced a quarterly dividend of ₹11.25 per ordinary share which will be made payable on 2024-08-06. Ex dividend date: 2024-07-16
• Nestlé India annual dividend for 2024 was ₹26.75
• Nestlé India annual dividend for 2023 was ₹242.00
• Nestlé India's trailing twelve-month (TTM) dividend yield is 1.17%
• Nestlé India's payout ratio for the trailing twelve months (TTM) is 20.86%
• Nestlé India's dividend growth over the last five years (2018-2023) was 16.45% year
• Nestlé India's dividend growth over the last ten years (2013-2023) was 17.44% year
Nestlé India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-16 | ₹11.25 | quarterly | 2024-08-06 |
2024-07-15 | ₹8.50 | quarterly | |
2024-02-15 | ₹7.00 | quarterly | |
2023-11-01 | ₹140.00 | quarterly | 2023-11-16 |
2023-04-21 | ₹102.00 | quarterly | 2023-05-12 |
2022-10-31 | ₹120.00 | quarterly | 2022-11-18 |
2022-04-21 | ₹90.00 | quarterly | 2022-05-12 |
2022-04-07 | ₹650.00 | quarterly | |
2021-10-26 | ₹110.00 | quarterly | 2021-11-18 |
2021-04-29 | ₹90.00 | quarterly | 2021-05-20 |
2020-10-29 | ₹135.00 | quarterly | 2020-11-20 |
2020-06-11 | ₹61.00 | quarterly | 2020-06-20 |
2020-05-14 | ₹610.00 | quarterly | |
2019-12-10 | ₹55.00 | quarterly | 2020-01-02 |
2019-08-09 | ₹180.00 | quarterly | 2019-09-01 |
2019-04-30 | ₹25.00 | quarterly | 2019-05-25 |
2018-12-12 | ₹50.00 | quarterly | 2019-01-04 |
2018-08-10 | ₹20.00 | quarterly | 2018-09-02 |
2018-05-16 | ₹43.00 | quarterly | 2018-06-09 |
2017-12-11 | ₹33.00 | quarterly | 2017-12-22 |
2017-08-02 | ₹15.00 | quarterly | 2017-08-25 |
2017-05-19 | ₹38.00 | quarterly | 2017-06-10 |
2016-12-09 | ₹16.00 | quarterly | 2016-12-22 |
2016-08-05 | ₹12.00 | quarterly | 2016-08-19 |
2016-05-18 | ₹30.50 | quarterly | |
2015-12-11 | ₹16.00 | quarterly | 2016-01-03 |
2015-05-19 | ₹26.50 | quarterly | 2015-06-15 |
2014-12-08 | ₹8.00 | quarterly | 2015-01-02 |
2014-09-15 | ₹10.00 | quarterly | 2014-10-10 |
2014-05-15 | ₹25.00 | quarterly | 2014-06-12 |
2013-11-01 | ₹18.00 | quarterly | |
2013-07-31 | ₹18.00 | quarterly | 2013-08-22 |
2013-02-25 | ₹12.50 | quarterly | 2013-03-30 |
Nestlé India Dividend per year
Nestlé India Dividend growth
Nestlé India Dividend Yield
Nestlé India current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing Nestlé India stock? Use our calculator to estimate your expected dividend yield:
Nestlé India Financial Ratios
Nestlé India Dividend FAQ
Other factors to consider when evaluating Nestlé India as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nestlé India's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nestlé India publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nestlé India distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nestlé India are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nestlé India sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nestlé India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nestlé India declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nestlé India's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nestlé India's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.