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Colgate announces Third Interim Dividend of Rs. 8 per share for 2014-15

India Blooms News Service | | 27 Mar 2015, 03:30 pm
Mumbai, Mar 27 (IBNS): At the meeting held on Friday, the Board for Colgate declared a Third Interim Dividend for the Financial Year 2014-15 of Rs. 8 per share of Re 1 each (face value).

The dividend payout to the shareholders will be Rs. 130.5 Crore (inclusive of the dividend distribution tax of Rs.21.8 Crore) and will be paid on April 22, 2015 to those shareholders whose names are on the Register of Members of the Company as on April 9, 2015.

Including the First and Second Interim Dividends of Rs. 8 per share each paid in September 2014 and December 2014 respectively, the Company has declared a total interim dividend of Rs. 24 per share for the Financial Year 2014-2015.

Colgate-Palmolive (India) Limited is India’s leading provider of scientifically proven oral care products with multiple benefits at various price points. The range includes toothpastes, toothpowder, toothbrushes and mouthwashes under the “Colgate” brand, as well as a specialized range of dental therapies under the banner of Colgate Oral Pharmaceuticals.

These have become an essential part of daily oral hygiene and therapeutic oral care in India. The Company also provides a range of personal care products under the ‘Palmolive’ brand name.

Colgate has been ranked India’s #1 Most Trusted Brand across all categories by Brand Equity’s Most Trusted Brand Survey for the 4th year in a row and is the only brand to feature in the top three from 2001-2014 since inception of the survey.

Colgate was also ranked #1 Most Chosen Consumer Brand in India for the third consecutive year by Global Consumer Knowledge and Insights firm, Kantar Worldpanel’s Brand Footprint report.

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