Dividend Stock: 5 lakh retail shareholders of this FMCG firm set to be rewarded next month

Dividend Stock: 5 lakh retail shareholders of this FMCG firm set to be rewarded next month


Shares of Nestle India Ltd. are in focus on Monday, June 22, as the company said its board of directors is scheduled to meet on July 3 to consider the declaration of a special dividend, if any, out of the retained earnings of the company.

It said the record date is fixed as July 10 for the final dividend for the financial year 2026, as intimated on April 21. It will also determine the entitlement of members to the special dividend 2026, which the board may declare on July 3. Nestle India’s board had previously approved a dividend of 5 per share on April 21.

The special dividend, if declared, will be paid on and from July 30, 2026, along with the final dividend for the financial year 2026. The same is based on shareholder approval at the 67th annual general meeting, which is scheduled on July 3.

In February 2026, Nestle India had issued an interim dividend of ₹7 per share and in July 2025, it had issued a final dividend of ₹10 per share.

On another note, Nestle India’s board of directors is also scheduled to meet on July 22, to consider the unaudited financial results for the June quarter.

Who Holds Stake In Nestle India?

At the end of the March quarter, Nestle India’s promoters held a 62.76% stake in the company, as per the shareholding pattern updated by the company on the Bombay Stock Exchange.

Among the public shareholders, India’s mutual funds have a 4.24% stake in the company, while the country’s largest insurer Life Insurance Corporation of India (LIC), has a 6.14% stake in the company.

Foreign Portfolio Investors also have a 9.74% stake in the company at the end of the March quarter.

As many as 4.7 lakh small retail shareholders, or those who have an authorized share capital of up to ₹2 lakh, have a 8.11% stake, while close to 100 HNIs have a 3.96% stake.

Shares of Nestle India ended 1.2% higher on Friday at ₹1,417.5. The stock is up 10% so far in the first half of the year.

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