Rs 120 on 10 TCS Shares: TCS Declares 2nd Interim Dividend of Rs 12/Share; Check Record, Payment Date

Tata Consultancy Services has declared its second interim dividend for the financial year 2026-27. This time TCS is rewarding investors with a Rs 12 dividend on every 1 equity share to eligible shareholders. However, the eligibility will be based upon the record date and ex-dividend date. TCS plans to pay the dividend before the month-end.

TCS Second Interim Dividend

TCS said, "We would like to inform you that at the Board Meeting held today, the Directors have declared a second interim dividend of Rs 12 per Equity Share of Rs 1 each of the Company for the financial year 2026-27."

Earlier, TCS paid up to Rs 12 first interim dividend for FY27 in July 2026. TCS holds one of the largest records of dividend paying to its shareholders. Since October 2004, which was when it listed on BSE and NSE, TCS has paid up to 95 total dividends to its investors, as per Trendlyne data.

TCS share price will react to Q2 results and the dividend announcement on Friday. On October 8th, this largest Tata stock closed at Rs 2075.25 apiece on BSE, down by 0.42% with a market cap of Rs 7,50,843.61 crore.

So far, for FY27, investors will get a total of Rs 24 dividend per share, which can rise ahead since Q3 and Q4 are pending for the fiscal year.

In the past 12 months, TCS' dividend payout was a whopping Rs 111 per share. This makes TCS the highest dividend yield tech stock at 5.35% based on the current market price.

For FY26 alone, the Tata Group's giant paid up to Rs 110 dividend per share.

TCS Second Interim Dividend: Record Date, Payment Date

According to TCS, the eligibility of shareholders will be determined on the record date, which is fixed on October 14, 2026. This will also be the ex-dividend date of the company.

Both the record and ex-date usually fall on the same day. They are called "deadlines" and are meant for identifying the names of shareholders to receive dividends. If you miss the October 14th deadline and bought TCS shares after, you will not be eligible. So, investors should hold TCS shares in their demat account as of October 14, 2026.

Once the eligible investors are identified, TCS said it will pay the dividend on Friday, October 30, 2026. You will directly receive the dividend amount in your bank account linked to your demat account.

TCS Second Interim Dividend Calculation:

The calculation is simple: You get the dividend amount on every 1 share if you are eligible. So if you hold 1 TCS share, you get Rs 12. For holding 10 TCS shares, you get Rs 120 in bank account. The number rises to Rs 1,200 in the bank account for holding 100 shares, or Rs 6,000 on 500 TCS shares. If you hold 10,000 TCS shares, you get a whopping Rs 1.20 lakh in the form of dividends.

Even if you hold 250 TCS shares, you get Rs 3,000 dividends. 250 × Rs 12 = Rs 3,000.

TCS shares held	Dividend before tax
1 share	₹12
10 shares	₹120
50 shares	₹600
100 shares	₹1,200
500 shares	₹6,000
1,000 shares	₹12,000
5,000 shares	₹60,000
10,000 shares	₹1,20,000

However, dividend gains are applicable for tax/TDS.

How To Apply For TCS Dividend?

To apply, you must first own TCS shares and be eligible on the company's record date.

2. After entering the eligibility criteria, ensure your PAN and bank details are updated with your demat/broker account.

3. Before the payment date, TCS registrar will identify eligible shareholders from the records.

4. There is not a hassle to receive dividends, as they are normally credited directly to your registered bank account on the payment date.

The Tata Group giant posted a consolidated net profit of Rs 13,884 crore and revenue of Rs 73,188 crore in the quarter under revenue. In constant currency, revenue growth was in line with estimates to 0.5% QoQ driven by BFSI, manufacturing, and technology services. Annualized AI revenue stood at $3.1 billion.

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