Colgate Palmolive (India) Limited on May 22, 2026, declared an interim dividend of ₹24 per equity share for the quarter ended March 31, 2026, as part of its board meeting that also approved the company's financial results for Q4 FY26. The announcement was submitted to the National Stock Exchange at 17:02 on the same date.

Dividend Details and Yield

The declared dividend of ₹24 per share translates to a dividend yield of approximately 1.11% based on the last traded price of ₹2,158.90 on NSE as of May 22, 2026. With a total market capitalisation of ₹58,718.98 crore, the aggregate payout on this interim dividend amounts to approximately ₹652 crore, based on the company's share count derived from market data.

Year-on-Year Comparison and Historical Trend

The ₹24 dividend for Q4 FY26 represents an 11.1% decline compared to ₹27 declared for the corresponding period in Q4 FY25 (May 21, 2025). The second interim dividend for FY26, declared in October 2025, was ₹24 per share, bringing the total payout for FY26 to ₹48 per share so far.

A review of the dividend history over the past four fiscal years reveals the following trend:

While FY23 to FY24 showed a sharp expansion in total annual payouts, FY25 and FY26 indicate a moderation in the May-cycle dividend specifically, with the October-cycle holding steady at ₹24 for three consecutive announcements.

Valuation and Market Context

At the last traded price of ₹2,158.90, COLPAL trades at a price-to-earnings ratio of 44.37, marginally above the sector PE of 44.17, suggesting the stock is broadly in line with its FMCG peers on a valuation basis. The stock is a constituent of the NIFTY FMCG index as well as broader indices including NIFTY 200, NIFTY 500, and NIFTY MIDCAP 100.

The 52-week range for COLPAL stands at a high of ₹2,676.90 (recorded on May 21, 2025) and a low of ₹1,782.00 (recorded on March 30, 2026). At the current price, the stock trades approximately 19.4% below its 52-week high and roughly 21.1% above its 52-week low, indicating partial recovery from the lows seen in late March 2026.

Delivery and Volume Data

On the announcement date, COLPAL recorded a trading volume of 2,04,566 shares with a delivery percentage of 35.72%. A delivery percentage below 40% in the context of a dividend declaration suggests a portion of the day's activity was driven by intraday positioning rather than fresh long-term accumulation. Daily volatility stood at 1.56%, and the stock closed with a marginal decline of 0.28% on the day.

Company Background

Colgate Palmolive (India) Limited, listed under NSE symbol COLPAL with ISIN INE259A01022, is a leading oral and personal care products company operating in India. It is a subsidiary of Colgate-Palmolive Company, USA, and has maintained a consistent track record of interim dividend distributions across multiple financial years.

Investors tracking dividend income from COLPAL should note that the total FY26 payout of ₹48 per share, if no additional dividend is declared, would mark a 5.9% reduction from the FY25 total of ₹51 per share, continuing the downward revision in overall annual payouts from the peak of ₹58 per share seen in FY24.