ITC Dividend yield

ITC is part of Tobacco business, which is part of Consumer Goods industry. ITC is a company from India, and his stocks are publicly traded.

ITC stock dividend

ITC paid a total dividend of 158,457 million INR last year, for a market value of 5,464,592 millions (Market Cap 1,311,504 millions). ITC dividend per share is 12.75 INR, and his stock market price 439.70 INR.

According to the chart below, where dividend yield is displayed, ITC has a dividend yield of 2.90%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare ITC stocks dividend with other Tobacco companies or other of the best India dividend stocks list.

ITC Dividend Payout

About the ability of ITC to maintain his current dividend of INR 12.75 per share, an amount that accounts for 2.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). ITC payout on ernings is currently 82.05%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that ITC can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of ITC is INR 16.23 per share, which is higher than the dividend per share paid by the company of INR 12.75, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of ITC, compared againt world market average, India companies, Consumer Goods industry and Tobacco sector companies.

ITC Dividend History

Below you will find a table with the historical evolution of ITC's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	2.90%	12.75	82.05%	12,428
2022	3.47%	11.50	92.59%	12,323
2021	4.93%	10.75	100.09%	12,309
2020	4.86%	10.16	86.99%	12,292
2019	2.42%	5.75	55.88%	12,259
2018	1.83%	5.15	55.62%	12,204
2017	1.80%	4.74	55.83%	12,147
2016	1.86%	4.32	52.05%	12,035
2015	1.82%	6.23	51.49%	8,023

*In millions

Then you can see the evolution of ITC dividend stock, and compare it with the average of India stocks and that of the Tobacco stocks.

ITC Stock performance

Finally, last moth ITC showed a return of -5.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 38.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Tobacco firms.