The share price of ITC, a FMCG major, is in the spotlight this week as the company is set to announce its Q4FY25 results in the coming days. Apart from the financial numbers, investors are also waiting to hear about the final dividend for the year.
Let’s take a look at the key factors you need to know before the announcement.
When will ITC announce the results and dividend?
ITC’s board is scheduled to meet on May 22, to approve the company’s quarterly and annual financial results for the standalone and consolidated. Along with this, the board is expected to declare the final dividend for the financial year 2024-25.
Furthermore, the meeting will also decide important dates like the dividend record date and payment date.
What about the dividend?
Earlier this year, the FMCG giant paid an interim dividend of Rs 6.50 per share. This was after the ITC Hotels business was separated from the company.
Moreover, the dividend expected in this upcoming announcement will be the final payout for the year.
What to watch in this Q4 results?
ITC has many businesses including cigarettes, FMCG products, paperboards, and agriculture. Some of the important things to watch in this upcoming results are cigarette sales and profit margins, growth in FMCG products like foods and personal care, the impact of the hotels business separation, and how other segments are performing.
How has ITC’s share price been?
ITC share price have been relatively steady recently. In the last week, the price increased by about 1%, and over the past month, it went up nearly 3%. However, on a year-to-date basis, the stock has dropped around 10%. Looking at the longer term, ITC share price rose 7% in 6 months and 0.18% in one year.