ITC Dividend
Dividend criteria checks 5/6
ITC is a dividend paying company with a current yield of 2.95% that is well covered by earnings.
Key information
3.0%
Dividend yield
79%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹16.43 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500875's dividends per share have been stable in the past 10 years.
Growing Dividend: 500875's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
ITC Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (500875) | 3.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Tobacco) | 3.9% |
Analyst forecast in 3 Years (500875) | 4.5% |
Notable Dividend: 500875's dividend (2.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500875's dividend (2.95%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.8%), 500875's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.7%), 500875's dividend payments are not well covered by cash flows.