Shares of Nestle India will remain in focus, as they will turn ex-dividend on Tuesday. The company’s board of directors had declared a third interim dividend of ₹55 a share for 2019. Shareholders who wish to receive the dividend need to buy Nestle’s shares before Monday. Earlier in August, Nestle India had rewarded its shareholders with ₹23 as an interim dividend and ₹180 as a special dividend. In May, the FMCG major had also paid out ₹23 per share to its shareholders.
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