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Nestlé India - Directors and officers, key figures, stock and financials, Code of Business Conduct.
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Nestlé India Board declares Interim Dividend
Nestlé India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 06, 2005, inter alia, has declared a Second Interim Dividend of Rs 18/- per equity share on equity shares of Rs 10/- each for the year 2005.
Further the Company has informed that the Second Interim Dividend for the year 2005 shall be paid on and from December 22, 2005. The total dividend payment during 2005 would aggregate to Rs 23/- per equity share (including interim dividend of Rs 5/- per share paid in May 2005). This represents 230% of the nominal share value.
Chairman and Managing Director of the Company, Mr. Martial Rolland stated "Our Company's policy is to reward its shareholders. This is expressed in our dividend distribution, the one for this year being the highest paid dividend in any one year out of the profits for that year."