ITC Limited is one of India’s most prominent conglomerates, known for its diversified presence in FMCG, hotels, paperboards, and agriculture. For investors looking for steady returns, ITC has established itself as a strong dividend-paying stock over the years. In this blog, we explore ITC’s dividend history, its consistency, and why it remains a preferred choice for income-focused investors. Check out the ITC dividend history for last 10 years.
ITC’s Commitment to Dividend Payouts
ITC has a long-standing history of rewarding its shareholders through consistent dividend payouts. The company’s strong cash flows and profitability have allowed it to maintain and increase dividends over time. It has been among the top dividend-paying stocks in India, making it an attractive option for investors seeking steady income.
ITC Dividend History (Last 10 Years)
Here’s a look at ITC’s dividend payments over the past decade:
| Year | Dividend Per Share (₹) | Dividend Type |
|---|---|---|
| 2024 | 13.75 | Final + Interim |
| 2023 | 15.50 | Final + Interim |
| 2022 | 11.50 | Final + Interim |
| 2021 | 10.75 | Final + Interim |
| 2020 | 10.15 | Final + Interim |
| 2019 | 5.75 | Final + Interim |
| 2018 | 5.15 | Final + Interim |
| 2017 | 4.75 | Final + Interim |
| 2016 | 8.50 | Final + Interim |
| 2015 | 6.25 | Final + Interim |
ITC’s dividend growth over the years reflects the company’s financial strength and commitment to shareholders.
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Why Investors Prefer ITC for Dividends
- Consistent Payouts: ITC has a track record of steady and increasing dividend payments.
- Strong Cash Flows: The company generates robust cash flows from its diverse businesses, ensuring reliable dividends.
- Attractive Dividend Yield: ITC offers a competitive dividend yield, making it a preferred choice for income investors.
- Resilient Business Model: ITC’s diversified operations reduce risk, ensuring stable financial performance.
- Favorable Tax Treatment: Dividends from ITC qualify for tax benefits under India’s dividend taxation norms.
Future Outlook for ITC’s Dividends
With its strong market presence and revenue growth, ITC is expected to continue its trend of rewarding shareholders. Investors looking for stable income can consider ITC as a reliable long-term investment.
Conclusion
ITC’s dividend history highlights its commitment to shareholder value. With a strong financial foundation and consistent payouts, ITC remains one of the best dividend-paying stocks in India. Whether you are a conservative investor or seeking passive income, ITC’s dividends make it a compelling choice for your portfolio.
Are you investing in ITC for dividends? Share your thoughts in the comments below!
