ITC had announced a total dividend of Rs 11.50 per share in FY22 and Rs 10.75 per share in FY22. In value terms, ITC's FY23 dividend is almost three times that of Rs 6,469.48 crore dividend paid in FY22 and Rs 6,152.68 crore dividend paid in FY21.
ITC shares will turn ex-dividend on Tuesday, May 30, 2023, meaning the stock price will get adjusted for the dividend payout. ITC share price fell around 1% today to hit an intraday low of Rs 441 on NSE. Watch this Visual Story to check ITC dividend record date, payment date, and other details.
Stocks in focus today: Uptrend in Nifty to continue, and it may head toward its life-high levels. Adani Ports, ITC, Patanjali Foods, Brightcom group among stocks to watch on Tuesday, May 30, 2023.
ITC reported a 21.37 per cent year-on-year (YoY) rise in standalone profit at Rs 5,086.90 crore for the March quarter. This is against a profit of Rs 4,190.96 crore in the same quarter last year.