Rs 110 Interim Dividend Per Share: This BSE 200 health care giant announces 1100% payout – Check record and ex-date

A personal care giant has declared an interim dividend of Rs 110 per share, amounting to a 1100 per cent payout of the face value of Rs 10 per share. The company behind popular brands like Old Spice, Oral-B, Pantene, Vicks, Whisper, and Tide has also set the record date for this dividend.  

Procter & Gamble Hygiene and Health Care Limited, the company in focus, has a market capitalisation of Rs 45,120.75 crore and a dividend yield of 1.47 per cent. According to a BSE filing, it will pay an interim dividend of Rs 110 per share of Rs 10 face value. 

“…have declared an Interim Dividend for the Financial Year 2024-25 of Rs 110 per Equity Share (Face Value of Rs 10 each),” the company said in a filing.

Also Read: P&G Hygiene September quarter profit marginally up at Rs 212 crore; revenue at Rs 1,135.16 crore

Record date and ex-date

The company has set February 20, 2025, as the record date for determining the shareholders eligible to receive the dividend. The shares will trade ex-dividend on the same date.

Dividend payment date

Eligible shareholders will receive the interim dividend on or before March 7, 2025. The payout will be made to those whose names appear in the company’s Register of Members or in the records of the Depositories as beneficial owners at the close of business on February 20, 2025.

Also Read: Gillette India surges over 14% post Q3 earnings, dividend record date in focus

Tax deduction on dividend

As per the provisions of the Income Tax Act, 1961, and the Finance Act, 2020, the dividend declared by the company is taxable in the hands of shareholders. The company will deduct tax at source (TDS) at applicable rates. Shareholders are advised to update their tax-related information, including PAN and residential status, with their depository participants or the company’s registrar and share transfer agent, MUFG Intime India Private Limited.

Procter & Gamble Hygiene and Health Care share price

The stock of Procter & Gamble Hygiene and Health Care Limited on Wednesday opened lower at Rs 13,719.95 on BSE, compared to its previous close of Rs 13,969.90. The stock last traded at Rs 13,960.00, down 0.07 per cent as of 12 pm, as per BSE data.