ITC [ITC] Sweetens Shareholder Returns with ₹8 Final Dividend; Q4 Performance Impresses
FMCG giant ITC Limited [ITC] has declared a final dividend of ₹8 per share for FY26, bringing the total annual payout to ₹14.50. This announcement follows a strong Q4 performance, with net profit rising 5% and revenue growing 17%.
ITC Limited [ITC], the diversified Indian conglomerate, has announced a final dividend of ₹8 per equity share for the financial year ending March 31, 2026. This substantial payout highlights the company's consistent focus on shareholder returns and comes as positive news for investors.
The board has set Monday, May 27, as the record date for determining eligible shareholders who will receive this final dividend. When combined with the interim dividend already declared, the total dividend payout by ITC for FY26 now stands at an impressive ₹14.50 per equity share.
This corporate action follows a period of robust financial performance for the company. In the fourth quarter of the fiscal year, ITC reported a healthy 5% rise in its consolidated net profit. Further demonstrating its operational strength, the FMCG major also achieved a significant 17% increase in its revenue from operations during the same quarter. These figures underscore ITC's resilience and strategic execution across its wide-ranging business verticals, which include FMCG, hotels, paperboards & packaging, and agri-business.
Shareholders whose names are recorded in the company's register by the May 27 record date will qualify for the final dividend. The actual payment date will be confirmed after the dividend receives formal approval at the company's upcoming Annual General Meeting (AGM).
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult your financial advisor before making any investment decisions. StockTips.in is not a SEBI-registered investment advisor.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult your financial advisor before making any investment decisions. StockTips.in is not a SEBI-registered investment advisor.