FMCG giant ITC is making headlines this week with significant developments anticipated in the near future that could influence its stock market performance. As the company prepares to unveil its financial results for the fourth quarter of FY25, it has also announced plans to propose a final dividend for its investors. This combination of financial reporting and shareholder rewards is drawing attention.

ITC’s Upcoming Q4 Earnings Announcement

Mark your calendars for May 22, as ITC’s board convenes to assess and approve the financial outcomes for the quarter and the entire fiscal year concluding in March 2025. This meeting will provide insights into both the audited standalone and consolidated results, along with a detailed breakdown of segment-wise revenue and assets.

Dividend Recommendations from ITC

In addition to the earnings report, ITC is set to recommend a final dividend for the financial year 2024-25. Known for its commitment to returning value to shareholders, this news is likely to stir interest among investors eager for consistent returns.

An Impressive Dividend History

ITC has established a strong track record when it comes to dividends, having distributed 28 dividends since 2003. Over the past year, the company has returned Rs 14 per share to investors, resulting in a current dividend yield of 3.25%—an attractive figure for those seeking income through dividends.

Recapping Q3FY25 Performance

Looking back at its Q3FY25 results, ITC reported a 7.27% decrease in net profit, totaling Rs 5,013 crore for the quarter, a drop from Rs 5,406 crore a year earlier. Despite this decline in profitability, the company experienced a revenue increase of 9.05%, reaching Rs 20,349 crore, although operational expenses surged by 12.18%.

Stock Performance Insights

The stock performance of ITC has shown fluctuations over the past year. While the share price has seen a 3.15% increase in the last month, it has dipped approximately 10% over the past six months. Year-to-date, the stock has recorded a negative return of 11%. Notably, the 52-week range shows a high of Rs 528.50 and a low of Rs 390.15, indicating volatility in market sentiment.

Investors should keep a close watch on the upcoming announcements from ITC, as the combination of earnings results and dividend recommendations could significantly impact investor confidence and stock performance in the near term.