Packaged foods giant Nestle India has announced a special dividend of Rs 2 per equity share for the financial year 2026. This payout will be made from the company's retained earnings.
The Board of Directors, in a meeting held on Friday, July 3, 2026, declared this special dividend for all 1,928,314,320 equity shares, each with a face value of Re 1. The special dividend is scheduled to be paid on July 30, 2026, concurrently with the final dividend for FY2025-26.
Key Dates and Shareholder Eligibility
Shareholders eligible for both the special and final dividends will be those whose names appear in the company's Register of Members or the Register of Beneficial Owners maintained by depositories as of the record date.
- Record Date: July 10, 2026
- Special Dividend Payment Date: July 30, 2026
- 67th Annual General Meeting (AGM): July 3, 2026
The final dividend for FY2025-26 has been recommended by the Board and is subject to shareholder approval at the upcoming 67th Annual General Meeting.
Market Performance Overview
Nestle India shares were trading flat at Rs 1453.95 in early deals on the day of the announcement. The company boasts a significant market capitalization of Rs 2.80 lakh crore. Over the past three months, Nestle India's stock has seen a gain of 22%, and it has delivered an impressive 364% return over the last ten years.
The stock is currently trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in recent performance.