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FMCG stock with interim dividend of Rs 140 in focus on November 1

Shares of food and beverages major Nestle India Ltd will turn ex-dividend on November 1. The Indian subsidiary of the world's largest food and beverage company has announced an interim dividend of Rs 140 per share. This is the third time Nestle India has declared dividend and second time interim dividend this year. Earlier, the stock traded ex dividend for a final dividend of Rs 75 per share on April 21, 2023. On the same trading day, the stock traded ex-dividend for an interim dividend of Rs 27 per share. ....

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Nestle India Q3 profit up 5% at Rs 617 cr; board approves Rs 110 interim dividend

Nestle follows the January-December financial year system. The company reported the total sales growth at 9.6 per cent to Rs 3,864 crore for Q3 FY22 vs Rs 3,525 crore in Q3 FY21. ....

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