ITC Declares ₹8 Final Dividend for FY26; Record Date Set for May 27

ITC Ltd has announced a final dividend of ₹8 per share with a face value of Re 1 for the financial year 2025-26. With this, the company’s total dividend payout for FY26 stands at ₹14.50 per share, including the interim dividend of ₹6.50 declared earlier in January 2026.

ITC Dividend Record Date and Payment Timeline

The company has fixed May 27, 2026, as the record date to determine eligible shareholders for the final dividend.

The dividend proposal will be placed for shareholder approval at ITC’s 115th Annual General Meeting (AGM), scheduled for July 23, 2026. If approved, the final dividend will be paid between July 24 and July 29, 2026.

ITC’s Dividend Track Record

ITC has maintained a consistent dividend-paying history over the years. Since 2002, the company has declared around 30 dividends. The current dividend yield stands at about 4.65 per cent.

The highest dividend declared by the company was ₹31 per share in 2005.

ITC Q4FY26 Performance

The company reported a sharp decline in net profit for the March quarter, mainly due to a high base effect from the previous year. Net profit fell nearly 73% year-on-year in Q4FY26.

However, on a sequential basis, profit increased 9.2 per cent compared to Q3FY26.

Revenue from operations rose 16.9 per cent year-on-year to ₹23,821.48 crore in Q4FY26, supported by strong growth in the FMCG business.

FMCG Segment Drives Growth

ITC’s FMCG-Others segment remained the key growth driver during the quarter. Segment revenue increased 15% year-on-year, while segment profit surged 51%. EBITDA margin expanded by nearly 200 basis points to 11%, excluding Sresta.

Concerns Over Cigarette Tax Hike

The company highlighted concerns regarding the sharp increase in cigarette taxes that came into effect from February 1, 2026. ITC said higher taxes have encouraged illegal cigarette trade, leading to an estimated annual tax loss of nearly ₹23,000 crore for the government.

ITC Share Price Performance

ITC share price (NSE: ITC) has remained under pressure in recent months. The stock has declined around 5.35% in the last 3 months and is down nearly 15.87% so far in 2026.

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Conclusion

ITC’s ₹8 final dividend announcement reinforces its strong dividend distribution track record despite pressure on quarterly profits. While higher cigarette taxes remain a concern, growth in the FMCG business and stable cash generation continue to support shareholder returns.

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