TCS announced an interim dividend of Rs 10 and a special dividend of Rs 66 per equity share of Rs 1 each of the company.
IT major Tata Consultancy Services (TCS) on Thursday announced an interim dividend of Rs 10 and a special dividend of Rs 66 per equity share of Rs 1 each of the company.
In a regulatory filing, TCS said, “We would like to inform you that at the Board Meeting held today, the Directors have declared a third interim dividend of INR 10 and a special dividend of INR 66 per Equity Share of INR 1 each of the Company. The third interim dividend and the special dividend shall be paid on Monday, February 3, 2025, to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Friday, January 17, 2025, which is the Record Date fixed for the purpose.”
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The IT major had already fixed the record date for dividend payment. In an exchange filing on December 31, TCS had said that the third interim dividend shall be paid to equity shareholders of the company on Friday, January 17, 2025 which is the Record Date fixed for the purpose.
According to BSE, TCS had in 2024, paid dividend on 5 occasions, aggregating to Rs 75. Back in 2023 and 2022, TCS had rewarded its investors by paying dividends of Rs 117 and Rs 45, respectively. In FY23, the IT major had paid interim dividends of Rs 27 on three different occasions, a final dividend of Rs 28, and a special dividend of Rs 18.
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TCS released its fiscal third quarter numbers with profit growth of 11.96 per cent at Rs 12,380 crore, in comparison to Rs 11,058 crore during the same period of previous financial year. The revenue from operations stood at Rs 63,973 crore, up 5.60 per cent on-year.
