What is the dividend of ITC in 2023? (2024)

What is the dividend of ITC in 2023?

For the year ending March 2023 ITC has declared an equity dividend of 1550.00% amounting to Rs 15.5 per share. At the current share price of Rs 409.70 this results in a dividend yield of 3.78%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

What is the dividend for ITC results 2023?

ITC Ltd's profits were ₹5,335.23Cr in the quarter ending December 2023. The profits grew by 6.56% year on year basis since last quarter. ITC Ltd's dividend was ₹6.25 in the quarter ending December 2023.

What is the record date for ITC dividend 2024?

ITC dividend 2024 record date

According to the company's exchange filing, February 8 has been fixed as the record date to determine the eligibility of shareholders.

What is the expected share price of ITC in 2023?

Talking about ITC Share Price Target 2023, ITC share price is expected to have an upward trend in the coming month. The estimated share price range from November to December 2023 indicates that the maximum price can be ₹458. 10 paise while the minimum price can be 432.20 paise.

What is the dividend of coal India in 2023?

Additionally, the board has announced a second interim dividend of ₹5.25 per share for the fiscal year 2023-24. The company has scheduled February 20 as the record date for this dividend, with disbursem*nt set for March 12.

What is the record date for ITC interim dividend 2023?

Interim Dividend 2022-23

The said Interim Dividend was paid on Friday, 3rd March, 2023 to those Members entitled thereto and whose names appeared in the Register of Members of the Company on the Record Date i.e. 15th February, 2023.

When did ITC share split?

ITC Ltd. has split the face value 1 time since Sept. 21, 2005. ITC Ltd. had last split the face value of its shares from ₹10 to ₹1 in 2005. The share has been quoting on an ex-split basis from Sept.

What is the expected dividend of ITC?

The board declared an interim dividend of ₹6.25 per ordinary share of ₹1 each for the financial year ending on March 31, 2024. The dividend will be paid between February 26-28, 2024.

What is the long term target for ITC 2025?

ITC Share Price Target 2025

According to current market analysis, the company's stock price can reach ₹673.78 per share by the end of 2025.

How many times ITC split shares?

NS) ITC stock (symbol: ITC. NS) underwent a total of 3 stock splits.

Is it good time to invest in ITC?

The revenue of the company has witnessed a commendable growth of almost 17% compared to 2022. Moreover, the net profit has surged by approximately 23% in 2023 compared to the previous year. “Considering the above factors, we strongly recommend a buy decision for ITC.

Should I buy ITC now?

Motilal Oswal Financial Services has a 'Buy' call on ITC shares and a target price of ₹535 apiece. ITC remains its top pick. “The cigarette business continues to deliver volume growth and market share gains in the softening of competition from illicit trade.

What is the target price of ITC in January 2024?

Sharekhan is bullish on ITC has recommended buy rating on the stock with a target price of Rs 515 in its research report dated January 29, 2024.

What is the upcoming dividend of coal?

Further, the board has declared a second interim dividend of Rs 5.25 per share for the financial year 2023-24. The company has fixed February 20 as the record date for the same and it will be paid by March 12. Investors looking for twin engines of quality and growth.

Which is the highest dividend paying company in India?

Some of the highest dividend paying stocks in India are Vedanta Ltd., Hindustan Zinc Ltd, Coal India Ltd, T.V. Today Network Ltd, Bhansali Engineering Polymers Ltd, Balmer Lawrie Investment Ltd, Coal India Ltd.

Is ITC share good for long term?

Summary. ITC Ltd's investors have little to complain about. Since its meeting with analysts in December 2021, the cigarette-maker's shares have doubled. What is more, the strategies outlined by the company at its recent analysts' meet point to solid long-term prospects.

What is dividend date?

The record date is when the company determines the shareholders entitled to a dividend. The ex-date is usually the day before the record date and determines which shareholders are entitled to a payment. The payment date is the day when dividend payments are made.

Is ITC giving bonus shares in 2024?

Company announced a dividend of Rs 6.25 per share on 29 Jan, 2024 with record date of 8 Feb, 2024.

What is the ITC bonus for 2024?

In a stock exchange filing, ITC said the Board “declared Interim Dividend of ₹6.25 per Ordinary Share of ₹1/- each for the financial year ending on 31st March, 2024; such Dividend will be paid between Monday, 26th February, 2024 and Wednesday, 28th February, 2024 to those Members entitled thereto."

Has ITC given bonus shares?

ITC Ltd. has given 3 bonuses since Sept. 21, 2005. The last Bonus that ITC Ltd. anoununced was in the ratio 1:2 with ex-date of July 1, 2016.

How much dividend is tax free in India?

However, no tax is deducted on the dividends paid to resident individuals, if the aggregate dividend distributed or likely to be distributed during the financial year does not exceed INR. 5000. A 10% TDS is payable on the dividend income amount over INR 5,000 during the fiscal year.

Will Tata Steel give dividend in 2023?

In the quarter ending March 2023, Tata Steel Ltd has declared dividend of ₹3.60 - translating a dividend yield of 38.64%.

What is the AGM date of ITC 2023?

112th Annual General Meeting ('AGM') of the Company held on 11th August, 2023.

What is the future share price of ITC in 2050?

ITC Share Price Target 2050

The maximum and minimum share price targets for the year 2050 are ₹2600 and ₹2700 respectively. Note: These share price targets are based on the current market scenario, trends in the industry, performance of companies & growth assumptions.

Is ITC stock overvalued?

Is ITC stock undervalued or overvalued? Compared to the current market price of 406.8 INR, ITC Ltd is Overvalued by 33%.

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