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ITC Ex-Dividend: This is the first interim dividend since the January 2025 demerger of ITC Hotels. ITC paid dividends twice in 2024 before the demerger: Rs 6.25 in February and Rs 7.50 in June.
ITC Shares Trade Ex-Dividend Today: Payment Date & Key Details
ITC Interim Dividend Record Date: Shares of ITC, the conglomerate, are in the focus today i.e. February 12, 2025, due to the ex-dividend date. ITC announced an interim dividend for the shareholders following the demerger of ITC Hotels and its subsequent listing. The conglomerate also declared its Q3FY25 earnings alongside.
ITC Interim Dividend 2025 Record Date
ITC’s board of directors, in a meeting held earlier last week, approved an interim dividend of Rs 6.50 per share for the financial year 2025. To establish the eligibility criteria for the dividend payout, the board has designated February 12 as the record date.
“We write to advise that the Board of Directors of the Company at the meeting held today i.e., 6th February, 2025, has approved/declared/recommended the following: Declared Interim Dividend of f 6.50 per Ordinary Share of f 1/- each for the financial year ending on 31st March, 2025. Fixed Wednesday, 12th February, 2025 as the Record Date for the purpose of determining entitlement of the Members for such Interim Dividend,” ITC said in an exchange filing.
ITC Dividend Payment Date
The dividend will be paid between March 6 and March 8, 2025, with the amount directly credited to the bank accounts of eligible shareholders linked to their Demat accounts.
ITC Dividend History
This is the first interim dividend since the January 2025 demerger of ITC Hotels. ITC paid dividends twice in 2024 before the demerger: Rs 6.25 in February and Rs 7.50 in June. The corporation paid a dividend of Rs 11.50 per share in 2022 and Rs 15.50 per share in 2023. Each share had a face value of Re 1.
ITC Q3 FY2025 Results
For Q3 FY2025, ITC reported a 7.27 per cent decline in its consolidated net profit, which stood at Rs 5,013.16 crore for the December quarter, compared to Rs 5,406.52 crore in the same period last year. This drop was attributed to weaker demand and a sharp rise in input costs. However, the company’s revenue from operations grew by 9.05 per cent, reaching Rs 20,349.96 crore in the December quarter, up from Rs 18,660.37 crore in the previous year’s corresponding period.
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