ITCNSE:ITC -0.43%81 Forward Dividend Yield % is 5.52% as of Jun. 24, 2026. GuruFocus rates NSE:ITC with a GF Score™ of 81/100 and a GF Value™ of ₹464.33 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 32 Tobacco Products companies, ITC ranks worse than 53.13% on this metric.
As of today (2026-06-24), the Forward Annual Dividend Yield of ITC is 5.52%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of ITC is 5.00%.
NSE:ITC's Forward Dividend Yield % is ranked worse than 53.13% of 32
companies
in the Tobacco Products industry
Industry Median: 5.5
vs NSE:ITC: 5.52
During the past 12 months, ITC's average Dividends Per Share Growth Rate was 2.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 16.00% per year.
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 -5.00% per year. And the median was 15.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
NSE:ITC vs PM, MO, TPB: Forward Dividend Yield % Comparison
For the Tobacco subindustry, ITC's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Forward Dividend Yield % vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, ITC's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where ITC's Forward Dividend Yield % falls into.
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 8.000000
2026-05-27
2026-05-27
2026-07-29
Cash Dividend
semi-annually
INR:INR 1.000000
INR 6.500000
2026-02-04
2026-02-04
2026-02-27
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 Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
16
/
290.00
=
5.52 %
Current Share Price is ₹290.00. ITC's Dividends per Share for the forward twelve months is calculated as ₹8 * 2 = ₹16.
ITC's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
14.5
/
290.00
=
5.00 %
Current Share Price is ₹290.00. ITC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹14.5.
* 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.
What does a Forward Dividend Yield % of 5.52% mean?
ITC (NSE:ITC) has a Forward Dividend Yield % of 5.52% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on ITC and its competitors. According to the industry distribution chart, ITC ranks #17 out of 32 companies in the Tobacco Products industry, placing it in the top 53.1%.
Is ITC's Forward Dividend Yield % too high?
ITC's current Forward Dividend Yield % is 5.52%. The Tobacco Products industry median Forward Dividend Yield % is 5.50. ITC's value of 5.52% is 0.4% above this industry median. Based on the distribution chart, ITC ranks #17 out of 32 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, ITC has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITC's Forward Dividend Yield % compare to PM and MO?
According to the Tobacco Products industry distribution chart, ITC ranks #17 out of 32 companies for Forward Dividend Yield %. This places ITC in the lower half of its industry. The industry median Forward Dividend Yield % is 5.50. ITC's value of 5.52% is 0.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Tobacco Products company?
The median Forward Dividend Yield % among Tobacco Products companies is 5.50, based on 32 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ITC's current Forward Dividend Yield % of 5.52% is 0.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on ITC and its competitors. For the Tobacco Products industry, the median Forward Dividend Yield % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC's current Forward Dividend Yield % is 5.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC stock overvalued right now?
Based on GuruFocus' analysis, ITC (NSE:ITC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹464.33, compared to a current price of ₹290.00 — trading 37.5% below its estimated fair value. The current Forward Dividend Yield % is 5.52% and 0.4% above the Tobacco Products industry median of 5.50. ITC's overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For ITC (NSE:ITC), the current Forward Dividend Yield % is 5.52% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ITC (NSE:ITC) Overvalued in 2026?
Based on GuruFocus' analysis, ITC stock appears to be undervalued.
The current stock price of ₹290.00 is trading 37.5% below its estimated GF Value™ of ₹464.33.
GuruFocus considers ITC to be Significantly Undervalued.
Key valuation signals for NSE:ITC:
Forward Dividend Yield %: 5.52%
GF Value™: ₹464.33 vs. price of ₹290.00 (37.5% below fair value)
Industry Position: 0.4% above the Tobacco Products median (#17 of 32)
No single metric tells the full story. See the NSE:ITC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITC Ltd is an Indian conglomerate that predominantly operates in the consumer goods space, particularly cigarettes. The company operates in three main business segments: Fast Moving Consumer Goods; Paperboards, Paper, and Packaging; and Agri-Business. 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.
81GF Score
Get the complete analysis for NSE:ITC
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ITC has been successfully added to your 