TCS Final Dividend 2025 Record Date: TCS Share Price Dips Amid Divergent Brokerage Ratings Ahead of Recording

Tata Consultancy Services (TCS), one of India's largest IT services companies has announced that the record date for its final dividend of Rs 30 per equity share with face value of Rs 1 for the financial year 2024-25 (FY2024-25) will be Wednesday, June 4, 2025. The proposed dividend is pending approval from shareholders at the company's Annual General Meeting (AGM), which is slated to take place on Thursday, June 19, 2025.

TCS Dividend 2025

The company has announced that the dividend will be distributed five days after the conclusion of its 30th Annual General Meeting, which means the payment is expected on or after June 25, 2025.

TCS mentioned in regulatory filing, "The directors have recommended a final dividend of Rs 30 per equity share of Rs 1 each, which shall be paid/dispatched on the fifth day after the conclusion of the 30th Annual General Meeting, subject to shareholder approval."

The IT firm declared the dividend alongside its financial results for the quarter ending March 31, 2025, on April 10, 2025.

TCS Dividend History Trends

In the previous financial year, the IT major declared three interim dividends of Rs 10 each in July 2024, October 2024, and January 2025 along with a special dividend of Rs 66 in January 2025.

According to a report by Axis Securities, TCS delivered a total dividend payout of Rs 124 over the last 12 months, resulting in a dividend yield of 4%.

TCS Share Price Today: Brokerage Views on Tata Stock Ahead of Dividend Recording

On June 2, Tata Consultancy Services Ltd shares closed at Rs 3,445.80 on the National Stock Exchange (NSE), marking a decline of Rs 17.60 or 0.51% on a daily basis. The TCS stock ended the intraday session in the red on Monday.

Global brokerage firm Nomura has reiterated its "neutral" rating on Tata Consultancy Services (TCS), reflecting a balanced outlook. However, it has revised its price target downward to Rs 3,490, compared to its earlier estimate of Rs 3,890. The firm noted that TCS's performance in the March 2025 quarter included more disappointments than positive surprises, raising concerns about the company's near-term trajectory. Specifically, Nomura pointed out that growth visibility for FY26 remains uncertain, suggesting that demand recovery may be slower or uneven.

In line with this cautious stance, Nomura has also reduced its FY26-FY27 earnings per share (EPS) estimates by 2% to 3%, reflecting softer expectations for profitability and revenue growth. At current market levels, Nomura highlighted that TCS is trading at a valuation of 21.4 times its projected FY27 EPS, indicating a relatively premium multiple that may not be fully justified by the growth outlook.

Meanwhile, Goldman Sachs has taken a slightly more optimistic view. The firm continues to maintain its "buy" rating on TCS, showing confidence in the company's long-term fundamentals. However, Goldman Sachs has also trimmed its 12-month price target to Rs 3,960, down from its earlier estimate of Rs 4,230. This revision reflects tempered short-term expectations, even as the brokerage retains a bullish view on the stock's future performance.