FMCG major, ITC has announced a final dividend of Rs 8 per share, with a face value Re 1, for FY26. The company has fixed the record date to determine shareholders eligible to receive the final dividend on May 27.
The dividend is subject to shareholder approval at the company’s 115th Annual General Meeting (AGM), scheduled for July 23. If approved, the final dividend will be paid between July 24 and July 29.
ITC’s total dividend on for FY26 stands at Rs 14.50 per share, including the interim dividend of Rs 6.50 per share announced in January.
ITC Dividend history
The company had announced an interim dividend of Rs 6.50 per share in Q3FY26. So far, ITC has declared 30 dividends since 2002. The company has a track record of paying consistent dividends and the company’s current dividend yield stands at 4.65%.
The highest dividend paid by ITC was in 2005, which was Rs 31 per share.
ITC Q4FY26
ITC reported a nearly 73% fall in its Q4 net profit. On a sequential basis, however, profit grew 9.2%, compared with Rs 4,931 crore reported in Q3FY26.
The company’s revenue from operations stood at Rs 23,821.48 crore in Q4FY26, up 16.91% YoY from Rs 20,376.36 crore reported in Q4FY25.
ITC’s FMCG-Others segment remained the biggest growth driver in the quarter.nSegment revenue rose 15% year-on-year, while segment profits jumped 51%. EBITDA margin expanded by around 200 basis points to 11% excluding Sresta.
ITC flagged concerns over the steep increase in cigarette taxes that came into effect from February 1. “Punitive taxes on the legal cigarette industry have resulted in rapid growth of illicit cigarette trade. It is estimated that illicit cigarette trade causes a loss of appx. Rs. 23,000 cr. p.a. to the Exchequer and accounting for about 1/3rd of the legal industry.”
ITC share price
The share price of ITC has declined 5.35% in last three months. The stock fell 15.87% so far this year.