ITC shares trade ex-dividend today
ITC dividend 2023: The company — whose popular cigarette brands include Classic, Gold Flake, Insignia, American Club, India Kings and Wills Navy Cut — announced a special dividend of Rs 2.75 and a final dividend of Rs 6.75 per for the financial year ended March 31, 2023.
ITC dividend 2023: Shares of cigarettes-to-hotels conglomerate ITC traded ex-dividend on Tuesday, May 30. The company — whose popular cigarette brands include Classic, Gold Flake, Insignia, American Club, India Kings and Wills Navy Cut — announced a special dividend of Rs 2.75 and a final dividend of Rs 6.75 per for the financial year ended March 31, 2023.
ITC shares have scaled a series of record highs on the bourses over the past few weeks. On Monday, the ITC stock hit a record closing high of Rs 449.1 apiece on BSE, after touching an all-time high of Rs 451.8 apiece during the session.
ITC dividend history
Here's a brief history of ITC's dividends in the past few years:
Source: NSE
ITC Q4 results
ITC reported a standalone net profit of Rs 5,090 crore for the quarter ended March 2023, exceeding analysts' expectations. Its revenue grew 1.4 per cent to Rs 17,506.1 crore for the three-month period, according to a regulatory filing. According to Zee Business Research, ITC's quarterly net profit was estimated at Rs 5,090 crore and revenue at Rs 17,506.1 crore. Click here to read more
ITC shares: Past performance
ITC's stock has rewarded investors with a return of around 67 per cent in the last year as against a rise of nearly 12 per cent in the benchmark Nifty index.
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