Rs 7.75/share dividend: This Tata group firm announces final payout—check out payment date

Tata Consumer dividend 2024: Tata Consumer Products' board has announced a final dividend of 7.75 per equity share of the face value of Re 1 for its shareholder along with its fourth-quarter results. The dividend is subject to by the members at the ensuing 61st Annual General Meeting (AGM)

The Tata Group-FMCG major's regulatory filing said, "The Board has recommended a final dividend of Rs. 7.75/- per equity share of Re. 1 each (775%) for the financial year 2023-24. The Dividend, if approved by the members at the ensuing 61st Annual General Meeting, will be paid/dispatched (subject to deduction of tax at source) after the AGM and within 30 days of its declaration."

When will the Tata Consumer Products dividend be paid?

If approved, the dividend will be paid after the AGM and within 30 days of its declaration.

Tata Consumer dividend history 

Tata Consumer Products has announced an equity dividend amounting to Rs 8.45 per share in the past 12 months. Here's a summary of the previous dividends paid by the company, as per data available on BSE:

How did Tata Consumer Products fare in Q4?

Tata Consumer Products reported a 26.69 per cent decline in consolidated net profit to Rs 212.26 crore in the fourth quarter ended March 31, 2024, impacted by exceptional items related to costs of amalgamation, acquisitions, asset write-downs and fair value loss on financial instruments. 

Consolidated revenue from operations in the quarter under review stood at Rs 3,926.94 crore as against Rs 3,618.73 crore. Read more 

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