ITC to finalise shareholders today (May 28) for a final dividend of Rs 7.85 per equity share for the financial year ended March 2025. The company announced the dividend along with its March quarter results.
If you are holding ITC shares and wondering about eligibility or payout timelines, here are 5 key things to know –
ITC record date is today
ITC has set Wednesday, May 28 as the record date to determine which shareholders will receive the dividend. Under the T+1 settlement cycle, those who bought the shares on or before Tuesday, May 27 will be eligible. Anyone buying on the record date itself won’t qualify for the dividend.
The company through an exchange filing said, “Fixed Wednesday, 28th May, 2025 as the Record Date for the purpose of determining entitlement of the Members for payment of Final Dividend.”
ITC’s dividend of Rs 7.85 per share
The company’s board has recommended a final dividend of Rs 7.85 per equity share of Rs 1 for FY25. That is a 785% payout on face value, making it ITC’s highest final dividend in the past five years.
ITC’s payout window fixed for end-July
The dividend won’t be credited immediately. According to ITC’s exchange filing, the payment will be made between Monday, July 28 and Thursday, July 31, to shareholders whose names appear in the company’s records as of today.
ITC’s Q4 result
ITC posted a consolidated net profit of Rs 19,807.8 crore for the March 2025 quarter. This is up nearly 4 times from Rs 5,013.18 crore in the same period last year.
ITC’s stock under pressure
The share price of ITC has remained under some pressure. It has declined by 2% in the past month, over 11% in six months, and is down 13% year-to-date in 2025. ITC currently holds a market cap of Rs 5.27 lakh crore, with a 52-week high of Rs 528.50 and a low of Rs 390.15.