Dividend Stock: Godfrey Phillips India is a well-known name in the world of cigarettes. This company manufactures cigarettes under brand names like Red Square, Red & White, Cavender's, Stellar and Focus. Now the company has made a big announcement. This company, which sells cigarettes and tobacco products, is going to give an interim dividend of Rs 35 per share to its shareholders for the financial year 2024-25.

The dividend was announced after the company's board meeting on November 19. The record date for determining the eligibility of shareholders for the interim dividend is November 29, 2024. Shareholders whose names appear in the records of the Register of Members of the Company or Depositories as beneficial owners of shares till this date will be entitled to receive the dividend.

Godfrey Phillips India , one of India's largest FMCG companies,
says it will pay dividends to eligible shareholders in a period of 30 days starting from November 19. This company is the flagship company of Modi Enterprises-KK Modi Group. It is one of India's largest FMCG companies.

Shares up 173% in a year
Godfrey Phillips India Limited is a multi-bagger stock. In a year, this stock has given bumper returns to investors. In the last one year, the stock has given a return of 173%. At the same time, the price has come down by 8% in a week. The company's share price closed at Rs 5,623 on Friday (22 November) on the Bombay Stock Exchange. The company's market cap is Rs 29200 crore.