ABSTRACT
The overview of Indian FMCG industry and the companies in the sector have been discussed in the earlier parts. The dividend policy depends on the profit position of the company. Then, an attempt has been made to find out the type of dividend policy followed by the units during the period. Further, examination has been done to find out whether companies have gone for bonus, stock split or not during the period. Finally, the impact of dividend policy of the units has been tested on their market price. Dabur India has reported continued year on year growth in sales and profit for the past thirty-six quarters. First interim dividend paid was of 30 percent on the equity base of Rs 61.41 crore. Second interim dividend paid was of 36 percent on the equity base of Rs 61.45 crore. There are companies like Dabur which have consistently declared dividends for the shareholders.
