Colgate declares second interim dividend of Rs 9 per share

Colgate Palmolive (India) said on Friday that its board has approved a second interim dividend of Rs 9 per equity share of Re 1 for the current financial year.

"The dividend payout to the shareholders will be Rs 143.2 crore and will be paid on December 20, 2013," the company said in a filing to the BSE.

Including the first interim dividend of Rs 9 per share paid earlier this month, the company has now paid a total interim dividend of Rs 18 per share for the seven months up to October, 2013, it added.

For the financial year ended March 31, 2013, Colgate had declared a total interim dividend of Rs 28 per share, the company said.

The company markets various products, including toothpastes, toothpowder, toothbrushes and mouthwashes under the Colgate brand.

Shares in Colgate Palmolive India, on Friday, ended at Rs 1,261.40 apiece on the BSE, up 1.88 per cent from the previous close.