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Our Bureau

New Delhi, March 15

The board of directors of Nestle India on Thursday declared an interim dividend of Rs 6.50 per equity share for the year 2007. The company also declared a third interim dividend for the year 2006 of Rs 1.50 per equity share. The interim dividends aggregating Rs 8 per equity share will be clubbed and paid together to the shareholders on and from March 29, 2007.

The payment of the third interim dividend for the year 2006 along with the interim dividend for the year 2007 would optimise the cost of dividend distribution to the shareholders. The board of directors would not be recommending any final dividend for the year 2006.

More Stories on : Dividend Announcement | Food & Dairy Products

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