Split Ratio | Face Value (Pre-Split) | Face Value (Post-split) | Ex-Split Date | Record Date | Announcement Date |
---|---|---|---|---|---|
1:10 | 10 | 1 | 05-01-2024 | 05-01-2024 | 19-10-2023 |
*Disclaimer: The information listed is solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
Post-split stocks become more affordable as the price per share comes down. You can have a larger number of shares of Nestle India with the same amount after a stock split compared to investing before the division of shares.
A stock split increases the number of shares of Nestle India, reducing the dividend per share proportionally, but your total dividend income remains unchanged.
No, a stock split does not alter a company’s market capitalisation. It simply increases the number of shares of Nestle India while reducing the price per share accordingly.
Yes, Nestle India had its last stock split on record date: 05-01-2024. The split ratio for this split was 1:10
The stock split ratio for Nestle India in its last split was 1:10. This happened on record date: 05-01-2024