Colgate Palmolive (India) Ltd has announced an interim dividend of Rs 3 per equity share of Rs 1 each for the financial year 2015-16.
“The Board of Directors of the company at its meeting held on March 28, 2016, has declared a third interim dividend of Rs 3 per equity share of Rs 1 for the financial year ending March 31, 2016,” Colgate Palmolive mentioned in a BSE filing, as quoted by PTI in saying.
The interim dividend will be paid on the paid-up equity share capital of Rs 27.20 crore involving a total pay-out of Rs 98.20 crore.
Colgate has declared first interim dividend of Rs 4 per share in November and second (interim dividend) of Rs 3 per share in December 2015.
Shares of Colgate Palmolive were trading 2.09 per cent down at Rs 822.95 on the BSE.