HUL Dividend 2023 Payment Date, HUL Dividend 2023 Payout Date, HUL Dividend Yield, HUL Dividend History: Shares of Hindustan Unilever (HUL) are in focus as the company begins dividend payout of 1800 per cent to eligible shareholders. HUL dividend 2023 will most likely be credited into bank accounts of eligible shareholders today (November 16). HUL dividend history shows that the company has a good record of dividend payment.
Read More: LIC Share Target Price: Should You Buy, Sell, Or Hold?
According to an exchange filing made by the company earlier, the board had fixed November 16 as the dividend payment date.
HUL Dividend Payout Date 2023
As per the filing, the dividend will be paid to the shareholders on or after Thursday, 16th November, 2023.
The 1800 per cent dividend translates into Rs 18 per share, meaning the largecap company will distribute Rs 18 as dividend on each to all the eligible shareholders.
Read More: Bulls Take Over Sensex, Nifty On Wednesday: Key Things To Know About Market Movement Today
HUL Dividend 2023 Record Date
To ascertain the eligibility of shareholders for Rs 18 dividend payment, HUL’s board had fixed November 2 as the record date. It means that the company will pay dividend to all shareholders who held the equity shares of HUL in their Demat account on the record date.
HUL Dividend History
According to BSE website, HUL had in June 2023 paid Rs 22 dividend per share. In 2022, the company had distributed Rs 17 dividend in November and Rs 19 dividend in June.
In 2021, the diversified FMCG company had paid Rs 15 in October and Rs 17 in June. In 2020, it had paid Rs 14 in October, Rs 9.50 in July and Rs 14 in June. In 2019, it had paid Rs 11 dividend in October and Rs 23 in June.
Read More: TCS Sets November 25 As Record Date For Share Buyback; Check Details
HUL Dividend Yield
Hindustan Unilever Limited shares have a dividend yield of 1.61 per cent at the current market price of Rs 2,482.
