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Shares of Colgate Palmolive (India) Ltd are likely to remain active at the bourses, as the board of directors of the company has declared a second interim dividend of Rs 9 a share (face value: Re 1) for the financial year ending March 31, 2014.
The dividend will involve a total payout of Rs 143.20 crore (including dividend distribution tax) and will be distributed on December 20.
Shareholders whose names will be in the books of the company as on December 10 would be eligible for the payment.
The company has already paid a similar amount as a first dividend, and in the last fiscal it had paid Rs 28 as total dividend.
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