Amid market volatility, investors are always on the lookout for stocks that can help them earn a fixed income. Several companies return a portion of their profits to stockholders as dividends. One such stock is Gillette India. Shares of the shaving products maker are in focus as the board of directors of the company has recommended a final dividend of Rs 60 per equity share with a face value of Rs 10 each. "the Board of Directors of the Company at its meeting held today, inter alia, have recommended a final dividend of Rs. 60 per Equity Share (Nominal Value of Rs. 10/- each), for the Financial Year ended March 31, 2026," the company said in an exchange filing.
Gillette Dividend Record Date
According to information shared with exchanges, the grooming giant has set August 19, 2026, as the record date to determine shareholders' eligibility for this corporate action. However, the dividend is subject to approval by members at the ensuing annual general meeting (AGM).
"We further like to inform you that the record date for the purpose of the 42nd Annual General meeting and payment of dividend, if approved by members at the ensuing Annual General Meeting, will be August 19, 2026," the filing reads.
Gillette Dividend Payment Date
If approved, the dividend will be paid on or before September 18, 2026, to eligible shareholders.
Gillette Share Price
Meanwhile, the stock opened today's trading session in the red at Rs 7,819.95, down from the previous close of Rs 7,821.95 on the BSE. It fell further, touching a low of Rs 7,750 before seeing some buying. Last seen, the scrip was trading in green at Rs 7,855, with a gain of Rs 33.05 or 0.42 per cent.
Gillette Quarterly Results
The company recently reported a 21.3 per cent increase in profit to Rs 192.51 crore for the March quarter of FY'26, year-on-year.
The company had reported a profit of Rs 99.09 crore in the corresponding quarter of the preceding year, according to a BSE filing from Gillette India.
Its revenue from operations increased 12.74 per cent to Rs 767.47 crore during the January-March quarter.
The same stood at Rs 680.74 crore in the year-ago period.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
