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Gillette India Dividend: History, Yield & Payout Details

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Gillette India Ltd is a publicly listed company engaged in the manufacturing and sale of fast-moving consumer goods in the grooming and oral care segments. Its product offerings include razors, blades, shaving preparations, and oral hygiene products sold under prominent brands such as Gillette, Venus, Braun, and Oral-B. The company maintains a leading position in the blades and razors category and operates manufacturing units in Bhiwadi, Rajasthan, and Baddi, Himachal Pradesh. Gillette India's operations span across India, with exports to 13 countries contributing 5.5% to its revenue. The Procter & Gamble Company USA holds a 75% stake through its subsidiaries.

Gillette India Dividend Overview

  • Latest Dividend Declared:​ ₹65.00

  • Dividend Yield: 1.62

  • Record Date: 18 Feb, 2025

  • Ex-Dividend Date: 18 Feb, 2025

  • Payout Ratio: 86.2%

Gillette India Dividend History

Year

Dividend Per Share (₹)

Payout (%)

2024

130

103%

2023

155

78%

2022

207

78%

2021

274

125%

2020

98

69%

2019

88

57%

Table data sourced from MoneyControl and Screener

Gillette India Dividend Yield & Financial Performance

Gillette India Ltd has a consistent history of declaring dividends, with increasing payouts in recent financial years. In FY24, the company announced an interim dividend of ₹65 and a final dividend of ₹45, in addition to a special dividend of ₹40, bringing total payouts to ₹150 per share. This reflects a marked increase compared to FY23, when the company declared final and interim dividends totaling ₹120. Past records show multiple instances of repeat dividend declarations on the same date, indicating occasional corrections or confirmations rather than multiple payouts. Despite a few years of nil dividends in the late 1990s and early 2000s, the dividend trend has remained stable over the last decade.

Gillette India Dividend Policy & Factors Affecting It

While the company does not explicitly state a dividend policy in the shared data, the frequency and size of past distributions suggest a shareholder-friendly approach. Gillette India’s dividend declarations appear closely aligned with its profitability and cash flow visibility, supported by its leadership in the grooming segment and a strong brand portfolio. The holding structure—with The Procter & Gamble Company owning 75%—may also influence payout strategies, given parent-level capital allocation priorities. Additionally, changes in transfer pricing methodology and the absence of R&D or capex in FY24 could have contributed to higher distributable surplus.

How to Check & Claim Dividends?

  • Visit the official website of the RTA (Registrar and Transfer Agent) for Gillette India.

  • Check payment details through CDSL or NSDL.

  • Regularly examine Form 26AS for TDS credit updates.

Shareholders need to update their PAN and tax exemption documents before the record date. Refunds for excess TDS can be requested at ITR submission time.

Conclusion & Investment Takeaways

Gillette India’s dividend history indicates a pattern of regular and rising payouts, particularly in the post-2020 period. Backed by stable product categories, a dominant market position, and consistent financial performance, the company has demonstrated its ability to maintain shareholder returns. While future dividend decisions will depend on operational performance and tax strategies, historical data suggests that Gillette India remains committed to rewarding its shareholders through periodic distributions.

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