Hindustan Unilever Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024
April 24, 2024 at 06:39 am EDT
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Hindustan Unilever Limited announced that at the board meeting held on April 24, 2024, the company recommended a final dividend of INR 24/- for the financial year ended March 31, 2024 on Equity Shares of INR 1/- each. The Company had earlier paid an interim dividend of INR 18/- per share on 16th November, 2023. The total dividend for the said period amounts to INR 42/- per Equity Share of face value of INR 1/- each.
Hindustan Unilever specializes in manufacturing and marketing of cleaning and food products. Net sales break down by family of products as follows:
- personal care products (46%): hair and skin care products, dental and deodorant products (brands Aviance, Dove, Sunsilk, Lux, Pond's, Axe, Rexona, Close Up, etc.);
- house cleaning and laundry care products (33.9%): soaps, dishwashing liquids, detergents, stain removers and cleaners (brands Active Wheel, Comfort, Cif, Sunlight, Vim, etc.);
- food products and beverages (18.8%): culinary products, sauces, oils and margarines (brands Knorr, Kissan, Annapurna, etc.), ice creams (Kwality Wall's), teas and coffees (brands 3 Roses, Red Label, Lipton, Bru, Taj Mahal);
- other (1.3%).
At the end of March 2019, the group had 28 production sites in India.
India accounts for 96% of net sales.