Titan, Nestle India, United Spirits Among Consumer Names Going Ex-Dividend This Week
Titan declares Rs 15/share, Nestle India a Rs 5 final plus Rs 2 special, United Spirits Rs 11 and VST Industries Rs 12, with record dates falling July 6-10. A cluster of consumer and retail parents returning capital signals steady balance-sheet health across the sector.
Several companies including consumer names Titan, Nestle India, United Spirits, VST Industries and Nilkamal go ex-dividend this week with record dates July 6-10, rewarding shareholders via final and special dividends.
Why this matters
Titan's dividend comes as brokerages back the jeweller and peers Kalyan and Senco despite a 15% gold import duty hike, underscoring confidence in the organised retail leader's balance-sheet strength.
Retail-company signals accelerating, up 561600% QoQ.