HUL Board Announces 2,200% Final Dividend; Check Amount, Other Details

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HUL Board Announces 2,200% Final Dividend; Check Amount, Other Details


Last Updated: April 27, 2023, 15:13 IST

HUL Quarterly Results, Dividend: FMCG large Hindustan Unilever (HUL) on Thursday introduced a last dividend of Rs 22 per share for the monetary 12 months ended March 2023 — a 2,200 per cent payout given the face worth of Re 1 per share. The newest dividend takes the corporate’s whole dividends for the 12 months to Rs 39 per share.

The firm additionally introduced its This autumn numbers on Thursday. It reported 9.66 per cent on-year bounce in its March quarter revenue at Rs 2,552 crore and 10.9 per cent rise in its quarterly income at Rs 14,638 crore.

HUL’s Earnings earlier than curiosity, tax, depreciation and amortization (EBITDA) for the quarter got here in at Rs 3,471 crores and EBITDA margin at 23.7 per cent. In its Q4FY23 earnings announcement.

HUL Dividend 2023

The Board of Directors at their assembly held on Thursday, twenty seventh April 2023 advisable a last dividend of Rs 22 per share, for the monetary 12 months ended 31 st March 2023, the FMCG large mentioned in an change submitting. Together with the interim dividend of Rs 17 per share paid on November 21 final 12 months, the overall dividend for the monetary 12 months ended March 31, 2023 quantities to Rs 39 per share.

HUL Dividend Payment

The Register of Members of the Company will stay closed from Tuesday, twentieth June, 2023 to Monday, twenty sixth June, 2023 (each days inclusive) for the aim of cost of Final Dividend and Annual General Meeting of the Company.

HUL Dividend History

HUL shares are one of many dividend shares on Dalal Street. In monetary 12 months 2022-23, that is the second dividend introduced by the corporate board for its eligible shareholders. In November 2022, HUL shares traded ex-dividend for cost of Rs 17 per share interim dividend.

In FY22, whole dividend declared by HUL was Rs 34 ( Rs 15 interim dividend and Rs 19 last dividend.) per share.

Similarly, in FY21, whole dividend declared by HUL was Rs 31 per share ( Rs 14 + Rs 17).

Since, 2007, HUL has constantly declaring dividend with none interruption in any 12 months.

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