MASSIVE Good News! TCS Declares 3rd Interim Dividend Rs 10 + Special Dividend Rs 66; Record Date Fixed

TCS Dividend: In a major good news, largest IT company brings massive dividend reward for its shareholders. The company has announced 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 announcement was made during a board meeting held on January 9 for its third quarterly earnings for FY25 (Q3FY25).

In total, TCS will pay a whopping Rs 76 per share dividend to its investors.

Key Dates For TCS Dividend:

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, as per the regulatory filing.

Earlier, for FY25, TCS paid a second interim dividend of Rs 10 per share and its ex-date was on October 18. The first interim dividend payout of Rs 10 per share was carried out in July 2024.

TCS is a top dividend-paying IT stock. Since October 2004, the company has rewarded investors with 87 dividends, as per Trendlyne data. Its current dividend yield is at 1.83%.

TCS has been returning cash to shareholders consistently from the time of listing, through interim dividends every quarter, final dividends at the year-end and an occasional special dividend since more than two decades now.