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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Nestle‚ declares highest ever dividend

Nestle‚ declares highest ever dividend

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1Nestle‚ declares highest ever dividend Empty Nestle‚ declares highest ever dividend Tue Jun 11, 2013 6:14 am

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Nestle‚ declares highest ever dividend

Nestle‚ Lanka PLC, held its 32nd Annual General meeting in Colombo last week, chaired by its Chairman and Head of Nestle‚ in the South Asian Region, Antonio Helio Waszyk.

Shareholders re-elected Pierre Schaufelberger and Mahen Dayananda to the Board and approved a final dividend of Rs. 24. With an interim dividend of Rs. 30 paid in March 2013, the full year dividend payout of Rs. 54 per share is the highest ever paid by the Company

To read more:
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=80992

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Those days we traded this @ around 25/- -26/-.

Now they pay 54 each year.  scratch

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Chinwi wrote:Those days we traded this @ around 25/- -26/-.

Now they pay 54 each year.  scratch


kaarlaya mauw wenasaka aruthe......... flower

there may be some shares in this category currently which may do the same in future...Smile
what are they............????
any guesss????

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
If am not mistaken they are paying out 97% of the net earnings as dividends

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