Gillette India has declared a dividend of Rs 60 per equity share for the financial year 2025-26, marking a significant payout for its shareholders. The company made the announcement on June 2, 2026, through an exchange filing on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Dividend Details
The board of directors of Gillette India has approved a final dividend of Rs 60 per share, subject to shareholder approval at the upcoming annual general meeting. This dividend is in addition to any interim dividend paid during the year. The total dividend for the fiscal year amounts to Rs 60 per share, reflecting the company's strong financial performance and commitment to rewarding shareholders.
Record Date and Ex-Date
The company has fixed the record date for the dividend as June 15, 2026. Shareholders who are on the company's register as of this date will be eligible to receive the dividend. The ex-date, when the stock trades without the dividend entitlement, is set as June 14, 2026. Investors purchasing shares on or after the ex-date will not receive the dividend.
Share Price Impact
Following the dividend announcement, Gillette India's share price on NSE and BSE witnessed a positive movement. On June 2, the stock closed at Rs 4,850 on NSE, up 2.5% from the previous close. Analysts expect the stock to remain in focus as the ex-date approaches, with potential volatility around the record date. The dividend yield based on the current share price stands at approximately 1.24%.
Company Performance
Gillette India, a subsidiary of Procter & Gamble, has reported robust financial results for the fiscal year 2025-26. The company's net profit increased by 15% year-on-year, driven by strong demand for its grooming products. Revenue grew by 12%, supported by new product launches and market expansion. The dividend payout is in line with the company's policy of distributing a significant portion of its profits to shareholders.
How to Receive Dividend
Shareholders whose names appear in the company's register on the record date will receive the dividend directly in their bank accounts through electronic transfer. Those with physical shares are advised to update their bank details with the registrar. The dividend will be paid within 30 days from the date of approval at the annual general meeting.
Investors are advised to check their demat accounts and ensure that all details are updated to avoid any delay in receiving the dividend. The company has also provided a facility for shareholders to opt for dividend reinvestment, allowing them to purchase additional shares instead of receiving cash.
Overall, the dividend announcement underscores Gillette India's strong cash flows and its commitment to delivering value to shareholders. With a healthy balance sheet and consistent performance, the company remains a favorite among dividend-seeking investors.
