ITC Ltd Declares Final Dividend of Rs 6.75 for FY 2022-23

ITC Ltd Declares Rs 6.75 Final Dividend for FY 2022-23

The Board of Directors of ITC Ltd held its meeting on 18 May 2023. It has declared Final Dividend of Rs 6.75 per equity share for the financial year 2022-23. It has also declared special dividend of Rs 2.75 per equity share for the same financial year.

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ITC Ltd CMP

The Current Market Price (CMP) or last traded price (LTP) of company was Rs 431.50 at the time of publishing this article. Its 52 weeks high was Rs 433.45 (on 08-May-2023) & 52 weeks low was Rs 258.55 (on 17-Jun-2022).

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ITC Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 30 May 2023 as the Record date. Further, payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on 30 May 2023.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2023.

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Important Dates

  • Company – ITC Ltd
  • Script Name – ITC (NSE) and 500875 (BSE)
  • Dividend Amount – 6.75 + 2.75 Rs Per Share
  • Dividend Type – Final + Special
  • Ex-Dividend Date – 30 May 2023
  • Record Date – 30 May 2023
  • Payment Date – 17 August 2023
  • Current Market Price – Rs 431.50
  • 52 Weeks High – Rs 433.45
  • 52 Weeks Low – Rs 258.55
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Also, you can find more information about ITC Limited on National Stock Exchange and Moneycontrol – ITC has a diversified presence across industries such as cigarettes, FMCG, hotels, packaging, paperboards and specialty papers and agribusiness.

 

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