When does ITC Ltd usually announce its dividend?
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ITC Ltd typically declares dividends semi-annually, with announcements around February and May, subject to board approval.
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Introduction
ITC Limited is one of India’s most diversified conglomerates, known for its presence across industries such as FMCG, hotels, paperboards, packaging, agri-business, and IT. The company has consistently rewarded shareholders through regular dividend payments, making it a preferred choice among income-seeking investors.
Dividends are a reflection of a company’s profitability and financial discipline, and ITC Ltd’s strong history in this regard highlights its sound business strategy and focus on shareholder value. This document presents a detailed look at ITC’s dividend trends, performance metrics, and how investors can stay updated with its dividend-related developments.
Year | Dividend Per Share (₹) | Payout (%) |
2024 | 13.75 | 84 |
2023 | 15.50 | 100 |
2022 | 11.50 | 93 |
2021 | 10.75 | 101 |
2020 | 10.15 | 82 |
2019 | 5.75 | 56 |
Note: Dividend per share includes all dividends declared during the respective fiscal year.
In the quarter ending December 2024, ITC Ltd posted a revenue of ₹19,593.57 crore, marking an 8.76% increase year-over-year, driven largely by its FMCG and agri-business segments. However, despite the revenue growth, the company’s net profits stood at ₹4,934.80 crore, reflecting a 7.51% decline from the previous year due to higher input costs and regulatory changes in key sectors.
During this period, ITC’s dividend yield was recorded at 3.38%, positioning it favourably among dividend-paying blue-chip stocks. The yield, along with steady financials, indicates ITC's commitment to shareholder returns despite occasional profit fluctuations due to external factors.
ITC Ltd follows a well-structured dividend policy aimed at balancing the dual objectives of rewarding shareholders and maintaining adequate funds for strategic reinvestment. The policy is reviewed periodically to align with the company’s long-term vision and operational goals.
Several factors affect ITC’s dividend decisions, including its earnings performance, free cash flow availability, capital expenditure needs, regulatory environment, and macroeconomic outlook. The Board evaluates these aspects before finalising any dividend payout, ensuring a prudent and sustainable distribution strategy that reflects the company’s stability and future plans.
Shareholders can access ITC Ltd’s dividend announcements through the investor relations section of its official website, as well as financial portals such as BSE, NSE, and SEBI disclosures. These platforms provide detailed information on record dates, payment timelines, and past dividend declarations.
To ensure timely receipt of dividends, investors must keep their bank and contact details updated with their respective depository participants. Dividends are generally credited directly to registered bank accounts. In case of issues like non-receipt or mismatch, shareholders are advised to contact ITC’s registrar and transfer agent promptly for resolution.
ITC Ltd has established a strong track record of paying dividends consistently over the years, reflecting its robust business fundamentals and commitment to returning value to shareholders. The variations in dividend payouts are often aligned with its financial results and strategic reinvestment priorities.
For investors seeking long-term stability with regular income, ITC Ltd remains a compelling option. However, it is important to consider overall financial performance, sectoral risks, and market dynamics along with dividend history when making investment decisions. Staying informed and aligned with company updates can enhance investor confidence and portfolio returns.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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ITC Ltd typically declares dividends semi-annually, with announcements around February and May, subject to board approval.
As of December 2024, the dividend yield was approximately 3.38%.
Dividend yields and payout ratios vary across the industry. Investors should compare these metrics among peer companies for a comprehensive assessment.
Verify your bank account for credited dividends and ensure your contact information is updated with your depository participant.
ITC Ltd has a record of regular dividend payments, though amounts and payout ratios have fluctuated based on financial performance and strategic considerations.
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