Nestle India declares Rs 2 special dividend for 2026, record date July 10
Nestle India announced a special dividend of Rs 2 per equity share for 2026 with a record date of July 10. Shares held flat at Rs 1,453.20 amid a broader market rally led by IT stocks.
Amid a broad market rally led by IT stocks, Nestle India declared a special dividend of Rs 2 per equity share for 2026 with a record date of July 10; shares stayed flat at Rs 1453.20.
Why this matters
Follows Nestle India's Rs 5 final plus special dividend after Q4 profit jumped 26%, signaling continued shareholder returns even as Motilal Oswal stays Neutral with a Rs 1,400 target on rich valuations.
Retail-company signals accelerating at +522900% QoQ.
Also reported by
- The Hindu BusinessLine — 1h after first sighting