Bonus Shares: Investors get profits only when the shares of most companies increase in the stock market. But still some stocks give good offers to investors. Bonus shares and dividend are important. Dividends and bonus shares are declared to make investors part of the companies when they get profits. ITC is also one of the stocks that announce good offers to investors. ITC Limited is one of the dividend paying stocks on Dalal Street. It has also announced bonus shares several times. In the last 20 years, ITC Limited has issued bonus shares to company investors three times. With this, the wealth of those who invested Rs.1 lakh then has reached Rs.1.23 crores today.
ITC Bonus History: According to BSE official website.. ITC company has declared bonus shares 3 times in last two decades. 2005, issued a bonus in the ratio of 1:2 on September 21. This means that for every two ITC shares, another one is added. ITC issued boson for the second time on August 3, 2010. This time bonus was issued in 1:1 ratio. In this calculation, one more share is added to each share. 2016, on 1st July once again offered bonus in the ratio of 1:2. Here too, for every 2 shares, another share is added.
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When it comes to income, if you had invested Rs.1 lakh in ITC stock 20 years ago, you would have received 7,142 shares. At that time ITC share was at Rs.14. And for the first time with bonus, the number of these shares reached 10,713 without any investment. In 2010, the shares increased to 21,426 with bonus for the second time. 32,139 shares with bonus for the third time.
ITC shares closed at Rs 383.80 on NSE on Friday (February 17). Those who invested Rs.1 lakh less than 20 years ago got Rs.1.23 crores together with bonus and dividend. ITC is leading in terms of dividend. 2023, declared a dividend of Rs.6 per equity share to eligible shareholders on February 15. In 2022 also in February and May .. 2021 in February and June also declared dividend. It issued a dividend of Rs.10.15 on July 6, 2020 even during Corona. Since 2007, this ITC company has been paying dividends every year.
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