ITC dividend news: Cigarettes-to-hotels major announces Rs 6.75/share final dividend, Rs 2.75/share special dividend

ITC dividend 2023 news: ITC Limited – a cigarette-to-hotel conglomerate – on Thursday announced a special dividend of Rs 2.75 and a final dividend of Rs 6.75 per ordinary share of Re 1 each for the financial year ended March 31, 2023.

ITC dividend 2023 news: ITC Limited announced a special dividend of Rs 2.75 and a final dividend of Rs 6.75 per ordinary share. Image: Pexels/ Representational Image

ITC dividend 2023 news, ITC dividend amount, ITC dividend per share, ITC dividend announcement: ITC Limited – a cigarette-to-hotel conglomerate – on Thursday announced a special dividend of Rs 2.75 and a final dividend of Rs 6.75 per ordinary share of Re 1 each for the financial year ended March 31, 2023.

"Recommended Final Dividend of f 6. 75 and Special Dividend of Rs 2.75 per Ordinary Share off Re 1/- each for the financial year ended 31 81 March, 2023, subject to declaration of the same by the Members at the ensuing 1121h Annual General Meeting (AGM) of the Company," the company's filing said.

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ITC Q4 results

ITC reported a standalone net profit of Rs 5,090 crore for the quarter ended March 2023 on Thursday. The profit was better than estimates as Zee Business Research had estimated it to rise 16 per cent YoY to Rs 4,850 crore against Rs 4,191 crore reported in the year-ago period. Click here to read more

ITC dividend history

Source: NSE

ITC share price NSE, ITC share price history

Shares of ITC on Thursday ended at Rs 418.85, down 2.05 per cent or Rs 8.75 on NSE. ITC's stock has given a positive return of over 50 per cent in the last year (May 18, 2022). In comparison, the headline index Nifty 50 has rallied nearly 15 per cent.

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