HomeNews listOBJECTIVE PRESSITC shares hit all-time high, top Rs 450 mark ahead of turning ex-dividend

ITC shares hit all-time high, top Rs 450 mark ahead of turning ex-dividend

  • May 29, 2023
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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ITC’s shares hit a record high on Monday before it went ex-dividend on May 30. The company’s board recommended a final dividend of Rs 6.75 and a special dividend of Rs 2.75 per equity share, which, along with the interim dividend of Rs 6 per share, will total Rs 15.50 for FY 2022-2023. The stock has been in an uptrend and traders can look to accumulate the stock on dips with a target of Rs 460 in the next 2-3 weeks. An equity dividend yield of 1.35% was offered in the last 12 months.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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