The historical rank and industry rank for ITC's 3-Year Dividend Growth Rate or its related term are showing as below:
NSE:ITC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 5.9 Med: 19.2 Max: 47.2
Current: 28.7
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ITC was 47.20% per year. The lowest was 5.90% per year. And the median was 19.20% per year.
NSE:ITC's 3-Year Dividend Growth Rate is ranked better than 90.91% of 22
companies
in the Tobacco Products industry
Industry Median: 4.55
vs NSE:ITC: 28.70
During the past 12 months, ITC's average Dividends Per Share Growth Rate was 10.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 28.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 25.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 16.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of ITC Ltd is 0.79, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of ITC's 3-Year Dividend Growth Rate
For the Tobacco subindustry, ITC's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ITC's 3-Year Dividend Growth Rate Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, ITC's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where ITC's 3-Year Dividend Growth Rate falls into.
ITC 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of ITC was 1.51. The lowest was 0.48. And the median was 0.54.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of ITC Ltd is 0.79, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
ITC Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 6.250
2024-02-08
2024-02-08
2024-02-27
Cash Dividend
semi-annually
INR:INR 1.000000
INR 6.750
2023-05-30
2023-05-30
2023-08-14
Cash Dividend
semi-annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
ITC's Dividend Yield (%) for Today is calculated as
Current Share Price is ₹440.00.
ITC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹13.
During the past 13 years, the highest Dividend Yield of ITC was 7.48%. The lowest was 1.68%. And the median was 2.79%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ITC Ltd is an Indian conglomerate that primarily operates in the consumer goods space, particularly cigarettes. The company operates in four main business segments: Fast Moving Consumer Goods; Hotels; Paperboards, Paper, and Packaging; and Agri-Business. Roughly three-quarters of the company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:ITC has been successfully added to your