ITC trades flat as stock turns ex-date for dividend of Rs 6.25 per share

ITC said the dividend will be paid between July 22, 2022 and July 26, 2022 to entitled members.

Shares of ITC traded flat at Rs 266.40 on the BSE in Thursday’s trade in an otherwise firm market, after the stock turned ex-dividend of Rs 6.25 per share. The stock hit a high of Rs 268.55 and a low of Rs 263.85 on the BSE.

On May 18, 2022, the board had recommended final dividend of Rs 6.25 per share of Rs 1 each. The dividend will be paid between July 22, 2022 and July 26, 2022 to those members entitled thereto. The company has fixed Saturday, May 28, 2022 as the record date for the purpose of