Colgate declares interim dividend of 25%
By Our Corporate Bureau | 18 Feb 2002
Mumbai: At the board meeting held last week, Colgate-Palmolive (India) (www.colgate.co.in) declared an interim dividend of 25 per cent - Rs 2.5 per share - for the financial year 2001-02.
The interim dividend will be a total payout of Rs 37.5 crore (inclusive of the dividend distribution tax) by the company and will be paid on or about 4 March 2002 to those shareholders whose names are on the register of members of the company on the record date of 22 February 2002.
For the previous financial year ended 31 March 2001, the company had declared a dividend of Rs 3.50 per share and a one-time special dividend of Rs 4.75 per share in September 2001 - a total of Rs 8.25 per share.
Colgate-Palmolive (India) is India's leading provider of scientifically-proven oral-care products with multiple benefits at various price points. These have become an essential part of daily oral hygiene and therapeutic oral care in India.
The range includes toothpastes, toothpowder and toothbrushes under the Colgate brand, as well as a specialised range of dental therapies under the banner of Colgate Oral Pharmaceuticals. The company is also a leading producer of personal care products under the Palmolive brand name.
