Tata Consultancy Services (TCS) has set July 15 (Wednesday) as the record date for its interim dividend of Rs 12 per share, effectively making today the last date for interested investors to buy shares of India’s largest IT company for the payout.
Only those shareholders holding TCS shares in their demat accounts as on Wednesday will be eligible to receive bonus shares. As per market regulator SEBI’s T+1 settlement cycle, investors are required to buy shares of a company at least one trading day before the record date for it to be credited to their demat accounts by that day, making them eligible to receive dividends.
Essentially, today is the last date on which investors can buy shares of a Tata Group company to have them credited to shareholders’ accounts by the reporting date (Wednesday), making them eligible to receive the dividend reward.
All about TCS dividends
Last week, TCS announced an interim dividend of Rs 12 per share with a face value of Re 1 each, as well as results for the April-June quarter of FY26. An IT industry executive said its board of directors has announced dividends that will be paid by July 31 to eligible shareholders. The record date for determining shareholders’ eligibility to receive payment has been set as July 15 (Wednesday). This comes after TCS paid a dividend of Rs 31 in May, an interim dividend of Rs 11 and a special dividend of Rs 46 in January this year. As per the latest dividend announcement, the company’s dividend payout this year was Rs 100 per share.
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According to Trendlyne, TCS has declared 95 dividends since October 2004 and has a dividend yield of over 5% at the current market price.
Also read: TCS shares are up 8% in 2 days. Time to buy after the 32% plunge in 2026? Here’s what the technical charts show
TCS Earnings Snapshot
India’s largest IT services company reported 5% year-on-year growth in consolidated net profit to Rs 13,349 crore for the first quarter of the current fiscal year 2027. The company’s consolidated net profit stood at Rs 12,760 crore in the corresponding quarter of the previous financial year. Meanwhile, the firm’s revenue from operations grew about 14% YoY to Rs 72,275 crore in the quarter. pending compared to Rs 63,437 crore in the year-ago period. The total contract value in the first quarter of FY27 was $9.5 billion.
“The first quarter of fiscal 2027 reflects continued growth momentum and the strength of our strategic position despite geopolitical and macroeconomic headwinds. We delivered a strong $9.5 billion order book, including a major AI-led transformation agreement with SKF, continuing to win customers in key revenue bands and scaling our AI business to annual revenues of $2.6 billion. As customers accelerate investments in AI, modernization, cybersecurity, sovereign cloud and simplification of platforms, our strong transaction conversion, improved customer insights and expanded ecosystem partnerships position TCS to successfully seize opportunities for sustainable growth,” said TCS CEO K Kritivasan.
TKS share price
TCS shares have risen significantly recently following the release of the company’s first-quarter results and a multi-million-dollar, multi-year agreement with ABB to transform global network operations using artificial intelligence.
The company’s shares jumped over 6% in a week to close at Rs 2,181.50 apiece on Monday. The stock is down more than 32% in 2026. Over the long term, TCS stock has delivered negative returns of 35% over three years and 32% over five years. The company’s market capitalization is around Rs 7.9 million.
Also read: TCS signs multi-million dollar contract with industrial giant ABB
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