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Nestle India declares interim dividend of Rs 16 per share

FMCG real Nestle India today proclaimed a break profit of Rs 16 for each share for 2016.

“The top managerial staff of the organization at its meeting hung on December 5, 2016, has proclaimed third break profit of Rs 16 for each share for 2016 on the whole issued, subscribed and paid-up share capital of the organization,” Nestle said in a BSE recording.

The third break profit will be paid on and from December 22, 2016.

The load of Nestle was exchanging 1.74% higher at Rs 6,346.70 on the BSE in the morning session.

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