Recommendation of the Dividend of Rs. 2.95 per equity shares of the Company.
ITDC · price
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The Board of Directors of India Tourism Development Corporation Limited (ITDC) has recommended a dividend of Rs. 2.95 per equity share for the financial year ended 31st March 2026. The total dividend payout aggregates to Rs. 25,30,19,730 (approximately Rs. 25.3 crore). The recommendation was made in the Board meeting held on 21st May 2026. This is a routine dividend declaration and does not indicate any unusual corporate action.
A positive signal for shareholders as the company is distributing profits. However, without knowing the current stock price, the dividend yield cannot be assessed to determine if it is attractive relative to market rates.