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
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 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.
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 Key Fundamentals of ITC
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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
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 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.
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 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 AzadiÂ
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.