As part of its mission to honor committed shareholders, ITC announced an interim dividend payment of Rs6.50 per share for the 2024-25 financial year. The following five crucial details apply to every investor regarding this matter:
- Dividend Details: Then, between March 6 and March 8 of 2025, ITC will distribute the interim dividend worth Rs6.50 per share to shareholders. The dividend payment upholds the company’s established shareholder reward practices.
- Eligibility Requirements: Ever since the record date on February 12, 2025, ITC shareholders must maintain their ownership of the company to receive the dividend. Any purchases after this specified date become ineligible for future dividend payments.
- Proven Dividend Track Record: Throughout its history, ITC has delivered continuous dividends to its shareholders. The company delivered a dividend of Rs7.50 per share in its final payment while giving its interim dividend of Rs6.25 per share in 2024 before previous special dividend payments.
- Stock Performance Insights: Its share price documented uncertain changes after the company announced its forthcoming dividend plan. ITC stock witnessed 2% growth during the five days even though its performance declined by 6% in the month preceding this period and 21% throughout the six-month interval.
- Institutional Activity: An important trading block took place with Wells Fargo Emerging Markets Equity CIT unloading 26.55 lakh shares for Rs401.60 each. The institutional market continues changing its position based on current developments.
Consult your financial advisor to keep track of your ITC stock status and optimize this dividend possibility. The payment represents ITC’s continued initiative to provide strong dividends that harmonize with market-based difficulties.