Analysis: Itc Dividend 2026
ITC Declares Rs 8 Per Share Dividend, Net Profit Rises 6% YoY to Rs 5,470 Cr
ITC Limited has announced its Q4 FY26 results, reporting a consolidated net profit of Rs 5,470 crore, marking a 6% year-over-year (YoY) increase. The company has declared a dividend of Rs 8 per share, in addition to the interim dividend of Rs 6.50 per share declared in January, taking the total dividend for the financial year to Rs 14.50 per share.
Market/Global Impact
The announcement has put ITC shares in focus, with investors eagerly awaiting the Q4 results and dividend declaration. The company’s decision to hike cigarette prices by 17% in Q3FY26 has positively impacted its cigarette business EBIT, which rose 7% YoY in Q4 FY26. The cigarette segment is a significant contributor to ITC’s revenue, and the price hike is expected to boost the company’s profitability.
Data Analysis
| Financial Metric | Q4 FY26 | Q4 FY25 | % Change |
|---|---|---|---|
| Consolidated Net Profit | Rs 5,470 cr | Rs 5,113 cr | 6% |
| Cigarette Business EBIT | Not disclosed | Not disclosed | 7% YoY |
| Dividend per Share | Rs 8 | Not disclosed | - |
| Interim Dividend per Share (January) | Rs 6.50 | Not disclosed | - |
| Total Dividend per Share | Rs 14.50 | Not disclosed | - |
Forward Outlook
The record date for the dividend has been set as May 27, and the company’s board meeting was scheduled to consider and approve the audited standalone and consolidated financial results on May 21. With the cigarette price hike and dividend declaration, ITC is expected to continue its growth momentum in the coming quarters. However, the company’s performance will depend on various factors, including market conditions, regulatory environment, and competition.