Good news for investors! This FMCG company is offering a 500% dividend; check if you've placed your bet.:Godrej Consumer Products Limited has decided to declare a dividend in the stock market. This has once again brought the company into the spotlight. Let's learn more about this, including the record date and other details...

News Topical, Digital Desk : FMCG Dividend News: Godrej Consumer Products Limited has decided to pay a dividend to its investors in the Indian stock market, bringing the company back into the spotlight. This leading manufacturer of FMCG products such as Godrej Number One, Cinthol, Godrej Expert, and Good Knight announced this after market hours on Friday, January 23rd.

Investors' faces brightened after the dividend announcement.

The company announced an interim dividend for investors while releasing its quarterly results. Under this agreement, the company will pay a dividend of ₹5 per share for the fiscal year 2025-26. This news has brought joy to investors and has created a positive sentiment among investors regarding the company.

What is the record date?

According to the company's exchange filing, the board has approved an interim dividend of 500 percent, or ₹5 per share of face value of ₹1. Godrej Consumer Products has set January 30th (Friday) as the record date for this dividend. This means that only investors who hold the company's shares by this date will be eligible for this dividend.

When will you get the dividend benefit?

The company has clarified the record date as well as the dividend payment date. According to an exchange filing, Godrej Consumer Products will transfer this interim dividend to its investors' accounts before February 22nd.