ITC Declares Interim Dividend Payout Date 2025: Check Details Here

ITC announced a 650% interim dividend to its existing shareholders between March 6-8. It is one of India’s largest FMCG companies that produces personal care products, snacks, and other items. The record date to be eligible for dividend receipt was February 12. 

ITC Share Price Performance

As of March 7, ITC share price recorded an all-day high of ₹405.85 and reached an all-day low of ₹401.70. Despite sustaining market pressures, the stock has attracted investors’ interest due to the company’s strong fundamentals. 

In 2024, ITC declared an interim dividend of ₹6.25 per share and a final dividend of ₹7.50 per share. In 2023, it distributed a final dividend of around ₹6.75 per share apart from a special dividend of roughly ₹2.75 per share. In 2020, the company declared the highest dividend payout of ₹10.15 per share, which attracted significant investor attention. 

About ITC

The Indian Tobacco Company has a product portfolio of 25 items and consumers spend nearly ₹32,500 crore on its products annually. Brands like Aashirvaad Aata, Vivel Soaps, and Sunfeast cookies are extremely popular among Indian consumers. 

Sustainability has become a key part of its growth strategy. By using recycled materials in their product packaging (such as in Savlon Wet Wipes), it is minimising the generation of plastic waste. This further attracts repeated product sales from its customers.

How Has ITC’s Dividend Payouts Increased?

Investors have consistently noted a rise in ITC’s ordinary dividend payout, from ₹6030 crore in FY 2015-16 to ₹17.163 crore in FY 2023-24. The company has declared annual and interim dividends for its shareholders at regular intervals. Moreover, its EPS (earnings per share) has doubled from ₹8.03 in FY 2015-16 to ₹16.39 in FY 2023-24. 

Conclusion

ITC’s continuous commitment to reward its shareholders is a part of its overall strategy to conduct business ethically and sustainably. With its decision to provide a 650% interim dividend, it has attracted significant investor attention. The adoption of sustainable business strategies by ITC is expected to sustain its performance in the coming years. 

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