Home ECONOMY Colgate to pay third interim dividend of Rs.130.5 crore

Colgate to pay third interim dividend of Rs.130.5 crore

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Mumbai, March 27:

Global FMCG company Colgate-Palmolive India Ltd (CPIL) said its Board, in a meeting held on Friday, has declared a third interim dividend of Rs.8 per share of Re.1 each on face value for the ongoing fiscal.

COLGATE PALMOLIVE“The dividend payout to the shareholders will be Rs.130.5 crore and will be paid on April 22, 2015 to those shareholders whose names are on the Register of Members of the Company as on April 9, 2015,” the company said in a regulatory filing with the National Stock Exchange.

The payout includes a dividend distribution tax of Rs.21.8 crore.

“Including the first and second interim dividends of Rs.8 per share each paid in September and December 2014, respectively, the company has declared a total interim dividend of Rs.24 per share for the (financial) year 2014-2015”, the company said. IANS

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