ITCNSEITC Limited· CigarettesHighPositive
Announced Thu, 21 May · 15:23 IST

ITC Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 8 per equity share.

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ITC · price

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Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹307.90
prior close
₹309.00
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AI summary

ITC Limited Board has recommended a final dividend of Rs. 8 per equity share of face value Rs. 1 each for the financial year ended March 31, 2026. This final dividend is subject to shareholder approval at the 115th Annual General Meeting scheduled for July 23, 2026. Combined with the interim dividend of Rs. 6.50 per share declared on January 29, 2026, the total dividend for FY 2026 stands at Rs. 14.50 per share. The record date for determining dividend entitlement is May 27, 2026, and the dividend, if approved, will be paid between July 24-29, 2026. The Board also approved the audited financial results for Q4 and the twelve months ended March 2026 with unmodified opinion from auditors S R B C & CO LLP.

Likely market impact

The total annual dividend of Rs. 14.50 per share reflects ITC's continued shareholder回报. The stock typically sees mild positive reaction to dividend announcements, though the market will also weigh in on the underlying financial performance numbers released simultaneously.