ITC dividend 2024: FMCG major's shares trade ex-date today

ITC dividend ex date 2024, ITC dividend 2024, ITC dividend 2024 record date, ITC dividend 2024 payment date: Shares of ITC traded ex-dividend on Thursday, February 8. ITC shares opened at Rs 429, down 0.6 per cent from previous close of Rs 431.8 on NSE post dividend adjustment in opening deals. The counter traded at Rs 423.85, down 0.4 per cent on NSE at 10:21 AM.

Last month, the cigarettes-to-hotels conglomerate announced an interim dividend of Rs 6.25 per equity share of Re 1 each, along with the company's financial results for the October–December period.

"...Declared interim dividend of Rs 6.25 per ordinary share of Rs 1 each for the financial year ending on 31st March 2024," the company said in an exchange filing date January 29, 2024.

ITC dividend 2024 record date

According to the company's exchange filing, February 8 has been fixed as the record date to determine the eligibility of shareholders. "..fixed Thursday, 8th February 2024 as the Record Date for the purpose of determining entitlement of the Members for such Interim Dividend," the filing read.

A record date is the cut-off date on which a company ascertains the final list of shareholders who are eligible for a corporate action such as dividends, bonuses, etc. announced by the company earlier.

ITC dividend 2024 payment date

As per the company's communiqué, the dividend will be paid between February 26 and February 28 to eligible shareholders. "Such Dividend will be paid between Monday, 26th February 2024 and Wednesday, 28th February 2024 to those Members entitled thereto," the filing further said.

ITC Q3 results: Here's how it fared in the Oct-Dec quarter

The company reported a jump of 10.75 per cent in its standalone profit after tax (PAT) and a rise of 8.52 per cent in revenue from operations on a year-on-year (YoY) basis for the quarter ended December 31, 2023.

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