Emami, the Indian consumer goods company that owns popular brands like Boro Plus and Fair & Handsome, is set to announce a cash dividend for its shareholders in the third quarter of fiscal year 2025. This news is based on a report by ET Now, a leading business news channel in India.
The company’s management is likely to make an announcement regarding the dividend payout during its Q3 results announcement, which is expected to take place soon. The record date for the dividend, as well as the schedule for the board meeting, is not yet disclosed.
Emami has a strong portfolio of brands across various product categories, including personal care, skincare, and hair care. Its Boro Plus brand is one of the most popular deodorants in India, known for its long-lasting fragrance and sweat-resistant qualities. The company’s other popular brands include Fair & Handsome, Kesh King, and Ankle Bite.
The potential cash dividend payout is likely to be a result of the company’s strong financial performance in the quarter. Emami has consistently reported robust revenue growth and high profits in the past, driven by its focus on product innovation, brand building, and expansion into new markets.
As a leading consumer goods company, Emami is well-positioned to benefit from the growing demand for personal care products in India. The country’s personal care market is expected to grow at a compound annual growth rate (CAGR) of 10-12% over the next five years, driven by factors such as increasing disposable incomes, urbanization, and rising awareness about personal care.
The potential dividend payout is likely to be welcome news for Emami’s shareholders, who have been rewarded with steady dividends in the past. The company’s dividend policy has been consistent, with announcements made during quarterly results announcements. This has become a key feature of the company’s investor relations strategy, helping to maintain shareholder confidence and trust in the business.
In conclusion, Emami’s potential cash dividend payout is a positive development for the company’s shareholders. The company’s strong financial performance, driven by its product innovation and brand building strategies, is likely to continue to drive its business growth in the future.