ITC Dividend 2024 Date, Announcement: FMCG giant ITC is all set to reward its shareholders. ITC is a diversified conglomerate with businesses spanning Fast Moving Consumer Goods comprising Foods, Personal Care, Cigarettes and Cigars, Education & Stationery Products, Incense Sticks and Safety Matches; Hotels, Paperboards and Packaging, Agri Business, and Information Technology. FMCG major has also announced that schedule of the upcoming meeting of its board of directors to consider and approve the financial results for the fourth quarter and the financial year ended March 31, 2024.
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ITC stock opened with gains at Rs 437 on the BSE and settled at Rs 436.55, down merely 0.01 per cent during the first session of the special trading day.
ET NOW panelist and technical analyst Nooresh Merani remains bullish on FMCG giant ITC’s stock. The expert has called the ITC stock his top pick. The market expert has set the price target for the FMCG stock at Rs 460. Merani, however, has cautioned investors to put a stop loss at Rs 430.
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ITC Q4 2024 Results – Date and Time
The company, in an exchange filing, has said that its board of directors is scheduled to meet on Thursday, May 23, 2024, to consider and approve the financial results for the quarter and year ended March 31, 2024.
“We write to advise that a Meeting of the Board of Directors of the Company has been convened for Thursday, 23rd May, 2024, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company along with the Segment-wise Revenue, Results, Assets and Liabilities for the Quarter and Twelve Months ended 31st March, 2024, the Balance Sheet as on that date, the Statement of Cash Flows for the financial year ended on that date and the Notes thereto,” ITC said in an exchange filing on the BSE.
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ITC Dividend Announcement 2024
The FMCG major has also said that the company’s board at its meeting scheduled on Thursday, May 23, 2024, will consider and recommend the final dividend for FY24.
“…consider and recommend Final Dividend for the financial year ended 31st March, 2024,” ITC said in a regulatory filing on the BSE.
ITC Share Price History
ITC commands a market cap of Rs 5,45,020.52 crore on the BSE. The diversified FMCG company is a constituent of S&P BSE Sensex on the BSE.
As per the BSE Analytics, the company’s stock has advanced 4.20 per cent in the last week and 7.86 per cent in the last three months, while it slipped 0.61 per cent in the last six months.
ITC stock has offered a return of 4.03 per cent in the last year, 63.81 per cent in the last two years, and a whopping 107.83 per cent in the last three years to its investors, as per BSE data.
Shares of the FMCG giant have a 52-week range of Rs 499.60 – Rs 399.30 on the BSE.
