NIFTY 5022,350.75 +0.42%
SENSEX73,592.10 +0.38%
BANK NIFTY47,612.30 -0.15%
NIFTY IT35,210.45 +1.12%
NIFTY PHARMA17,890.60 +0.65%
NIFTY METAL8,412.20 -0.83%
NIFTY AUTO22,150.00 +0.27%
INDIA VIX14.25 -2.10%
NIFTY 5022,350.75 +0.42%
SENSEX73,592.10 +0.38%
BANK NIFTY47,612.30 -0.15%
NIFTY IT35,210.45 +1.12%
NIFTY PHARMA17,890.60 +0.65%
NIFTY METAL8,412.20 -0.83%
NIFTY AUTO22,150.00 +0.27%
INDIA VIX14.25 -2.10%

ITC [ITC]: A Dividend Powerhouse – Over ₹90 Per Share Since 2020

Discover how ITC Limited [ITC] has consistently rewarded shareholders, distributing over ₹90 per share in dividends since 2020, with a current attractive yield.

·2 min read·ET Stocks

ITC Limited [ITC], the Indian conglomerate with significant interests in FMCG, hotels, paperboards, and agri-business, has long been a favourite among income-seeking investors due to its consistent dividend payouts. Recent figures highlight this commitment, revealing that the company has distributed a remarkable ₹90.5 per share in dividends to its shareholders since the year 2020.

The latest proposed payout adds to this impressive track record. ITC has announced a final dividend of ₹8 per share for the financial year 2026. This proposed distribution, subject to approval at the upcoming Annual General Meeting (AGM), underscores the company's robust financial health and its policy of returning value to shareholders.

Looking at the broader picture, ITC [ITC] has made a total of 32 dividend payouts since 2001, demonstrating a long-standing tradition of rewarding its investors. This consistent performance has translated into an attractive dividend yield, currently standing at 4.71%. For many investors, a high and stable dividend yield is a key indicator of a company's financial stability and its ability to generate consistent cash flows.

ITC's diverse business portfolio, spanning from everyday consumer goods to luxury hotels, contributes to its resilient performance, enabling it to maintain such a strong dividend policy. Investors evaluating ITC may consider its consistent dividend history as a significant factor, reflecting reliability and potential for steady income generation in their investment strategy.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult your financial advisor before making any investment decisions. StockTips.in is not a SEBI-registered investment advisor.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult your financial advisor before making any investment decisions. StockTips.in is not a SEBI-registered investment advisor.