Nestle declared second interim dividend in 2022 for its shareholders.
Nestle will provide a dividend of Rs. 120 per equity share to shareholders.
The company has fixed November 1 as the record date to determine the shareholders' eligibility for the dividend.
Nestle’s ex-dividend date will be October 31.
If you are thinking of buying the stock of Nestle for its dividend then you need to buy the same before its ex-date.
Nestle said the interim dividend payment will be paid on and from November 16, 2022.
Nestle will credit the share dividend amount directly to the shareholders' bank accounts.
Earlier, Nestle paid first interim dividend of Rs 20 in May, 2022.