ITC DIVIDEND HISTORY (2000 TO 2024)

In this article we will provide the information related to the ITC dividend history, shedding light on the frequency of dividend playouts to its shareholders.

Examining the dividend timeline from 2000 to 2024, we aim to provide a detailed overview of ITC dividend history and its financial practices, company details, and key fundamentals.

 

UNDETSTANDING ITC DIVIDEND HISTORY

 

 A Glimpse Through Dividend Payments

 

Let’s navigate through ITC dividend history, spanning from 2000 to 2023:

 

Year Dividend Payment Dividend Class
May 30, 2023 2.75 SPECIAL
May 30, 2023 6.75 FINAL
Feb. 15, 2023 6.00 INTERIM
May 26, 2022 6.25 FINAL
Feb. 14, 2022 5.25 INTERIM
June 10, 2021 5.75 FINAL
Feb. 22, 2021 5.00 INTERIM
July 6, 2020 10.15 FINAL
May 22, 2019 5.75 FINAL
May 25, 2018 5.15 FINAL
June 5, 2017 4.75 FINAL
May 30, 2016 8.50 FINAL
June 3, 2015 6.25 FINAL
June 3, 2014 6.00 FINAL
May 31, 2013 5.25 FINAL
June 11, 2012 4.50 FINAL
June 10, 2011 4.45 FINAL
June 9, 2010 10.00 FINAL
July 13, 2009 3.70 FINAL
July 16, 2008 3.50 FINAL
July 16, 2007 3.10 FINAL
July 10, 2006 2.65 FINAL
July 18, 2005 31.00 FINAL
July 19, 2004 20.00 FINAL
July 14, 2003 15.00 FINAL
July 12, 2002 0.00 FINAL
July 3, 2001 0.00 FINAL

 

 

ITC has been consistently rewarding its shareholders with dividends, differentiating between “Special,” “Final,” and “Interim” dividends. Impressively, after the year 2000, ITC has generously provided dividends on 27 occasions.

 

Recent Dividend Highlights

 

In the last 52 weeks, ITC declared a dividend of 15.50 rupees per equity share.

This recent payout showcases the company’s commitment to sharing profits with its shareholders and sustaining a reliable track record.

 

Annual Tradition of Dividend Announcements

 

ITC has maintained an annual tradition of announcing dividends since 2001, establishing a robust reputation for consistently rewarding its shareholders.

This practice reflects the company’s financial stability and commitment to shareholder value.

 

 ABOUT ITC

 

 Overview of ITC

 

ITC Limited, formerly known as the Imperial Tobacco Company of India Limited, stands as a diversified conglomerate with interests in FMCG, hotels, paperboards, packaging, and agribusiness.

 Headquartered in Kolkata, India, ITC has been a stalwart in the Indian market for over a century.

 

 Key Fundamentals of ITC

 

Stable Revenue Streams

Operating in multiple sectors, including FMCG with popular brands like Aashirvaad, Bingo, and Sunfeast, ITC diversifies its revenue streams, ensuring consistent growth.

 

Cost Efficiency

 ITC’s focus on cost optimization and operational efficiency contributes to improved profitability and cash flow, enabling higher dividend payouts.

 

Strong Balance Sheet

Maintaining a strong balance sheet with low debt levels, ITC ensures financial stability and flexibility, supporting its dividend policy.

 

Investments in Growth

 ITC strategically invests in expanding its business and entering new sectors, positioning itself for sustainable long-term growth.

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 FAQs ON ITC DIVIDEND HISTORY

 

 Q: How Many Times Does ITC Give Dividends?

 

After 2000, ITC generously provided dividends to shareholders on 27 occasions. In the last 52 weeks, ITC declared 15.50 rupees per equity share.

 

 Q: What Is the Dividend of ITC in 2023?

 

In 2023, ITC announced three dividends – first on June 22 at a rate of 3.60 rupees, second on May 30 at a price of 6.75 rupees, and third on May 30 at a price of 2.75 rupees.

 

 What is the Last Dividend of ITC?

 

The latest dividend announcements by ITC were on June 22 at a rate of 3.60 rupees, on May 30 at 6.75 rupees, and on May 30 at 2.75 rupees per equity share.

Video Credit: Early Finacial Azadi 

CONCLUSION ON ITC DIVIDEND HISTORY

 

In exploring ITC dividend history, we witness a financial journey marked by consistency, transparency, and a commitment to shareholder value.

The company’s strategic approach, combined with its diverse business portfolio and focus on sustainable growth, positions ITC as a reliable player in India’s corporate landscape. By reading this article you got to know about ITC Dividend History, if you have any questions kindly comment below.

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