TCS
Tata Consultancy Services (TCS), India’s largest IT services company, has a longstanding tradition of rewarding its shareholders through substantial dividend payouts. In the financial year 2024-25 (FY25), TCS declared a total dividend of ₹96 per share, marking one of the highest payouts in its history. This figure surpasses the ₹73 per share dividend declared in FY24 and is second only to the ₹115 per share paid in FY23, which included a special dividend of ₹67 per share. citeturn0search0
Dividend Declarations in FY25:
- First Interim Dividend: On January 10, 2024, TCS announced a third interim dividend of ₹10 per share and a special dividend of ₹66 per share. The record date for this dividend was set for January 17, 2025, with the payment scheduled for February 3, 2025. citeturn0search3
- Second Interim Dividend: Prior to this, on October 10, 2024, the company declared a second interim dividend of ₹10 per share, with the ex-dividend date on October 18, 2024, and payment on November 5, 2024. citeturn0search2
- First Interim Dividend: In July 2024, TCS announced a first interim dividend of ₹10 per share, with the ex-dividend date on July 19, 2024, and payment on August 10, 2024. citeturn0search6
These dividends reflect TCS’s commitment to delivering consistent returns to its shareholders, with the total payout for FY25 reaching ₹96 per share.
TCS Dividend History Overview:
Over the past five years, TCS has demonstrated a strong commitment to shareholder returns. In FY24, the company distributed a total of ₹46,223 crore to shareholders, including a final dividend of ₹28 per share declared with Q4 results in April 2024. This payout was complemented by interim dividends of ₹9 and a special dividend of ₹18 following Q3 results, along with interim dividends of ₹9 each in Q1 and Q2. Additionally, TCS completed a ₹17,000 crore share buyback program in FY24. citeturn0search7
In FY23, TCS declared a final dividend of ₹24 per share, bringing the total dividend for the year to ₹115 per share, amounting to a total payout of ₹33,306 crore. This substantial payout included a special dividend of ₹67 per share, highlighting the company’s robust financial performance and dedication to rewarding shareholders. citeturn0search0
TCS Dividend Yield and Shareholder Value:
Dividend yield, calculated as the annual dividend per share divided by the market price per share, serves as an important indicator for investors. In FY23, TCS’s dividend yield stood at 3.59%, based on a total dividend of ₹115 per share. In FY24, despite a higher total payout, the yield adjusted to 1.37%, reflecting changes in the market price and reinforcing TCS’s position as a shareholder-friendly company. citeturn0search8
Consistency and Shareholder Relations:
TCS’s consistent dividend payouts underscore its strong financial health and commitment to shareholders. The company’s dividend policy aims to distribute 80-100% of its free cash flow, ensuring that investors benefit directly from its profitability. For instance, in FY24, TCS’s shareholder payout was 104% of its free cash flow, demonstrating a shareholder-centric approach. citeturn0search5
Conclusion:
TCS’s dividend history reflects a pattern of rewarding shareholders generously, with significant payouts in recent years. The total dividend of ₹96 per share declared in FY25, along with the special dividends, showcases the company’s robust financial performance and dedication to delivering value to its investors. As TCS continues to navigate the dynamic IT landscape, its consistent dividend policy remains a testament
to its commitment to shareholder satisfaction and financial prudence.Tata Consultancy Services (TCS), India’s largest IT services company, has a longstanding tradition of rewarding its shareholders through substantial dividend payouts. In the financial year 2024-25 (FY25), TCS declared a total dividend of ₹96 per share, marking one of the highest payouts in its history. This figure surpasses the ₹73 per share dividend declared in FY24 and is second only to the ₹115 per share paid in FY23, which included a special dividend of ₹67 per share. citeturn0search0
TCS TCS Dividend Declarations in FY25:
- First Interim Dividend: On January 10, 2024, TCS announced a third interim dividend of ₹10 per share and a special dividend of ₹66 per share. The record date for this dividend was set for January 17, 2025, with the payment scheduled for February 3, 2025. citeturn0search3
- Second Interim Dividend: Prior to this, on October 10, 2024, the company declared a second interim dividend of ₹10 per share, with the ex-dividend date on October 18, 2024, and payment on November 5, 2024. citeturn0search2
- First Interim Dividend: In July 2024, TCS announced a first interim dividend of ₹10 per share, with the ex-dividend date on July 19, 2024, and payment on August 10, 2024. citeturn0search6
These dividends reflect TCS’s commitment to delivering consistent returns to its shareholders, with the total payout for FY25 reaching ₹96 per share.
TCS Dividend History Overview:
Over the past five years, TCS has demonstrated a strong commitment to shareholder returns. In FY24, the company distributed a total of ₹46,223 crore to shareholders, including a final dividend of ₹28 per share declared with Q4 results in April 2024. This payout was complemented by interim dividends of ₹9 and a special dividend of ₹18 following Q3 results, along with interim dividends of ₹9 each in Q1 and Q2. Additionally, TCS completed a ₹17,000 crore share buyback program in FY24. citeturn0search7
In FY23, TCS declared a final dividend of ₹24 per share, bringing the total dividend for the year to ₹115 per share, amounting to a total payout of ₹33,306 crore. This substantial payout included a special dividend of ₹67 per share, highlighting the company’s robust financial performance and dedication to rewarding shareholders. citeturn0search0
Dividend Yield and Shareholder Value:
Dividend yield, calculated as the annual dividend per share divided by the market price per share, serves as an important indicator for investors. In FY23, TCS’s dividend yield stood at 3.59%, based on a total dividend of ₹115 per share. In FY24, despite a higher total payout, the yield adjusted to 1.37%, reflecting changes in the market price and reinforcing TCS’s position as a shareholder-friendly company. citeturn0search8
TCS Consistency and Shareholder Relations:
TCS’s consistent dividend payouts underscore its strong financial health and commitment to shareholders. The company’s dividend policy aims to distribute 80-100% of its free cash flow, ensuring that investors benefit directly from its profitability. For instance, in FY24, TCS’s shareholder payout was 104% of its free cash flow, demonstrating a shareholder-centric approach. citeturn0search5
Conclusion:
TCS’s dividend history reflects a pattern of rewarding shareholders generously, with significant payouts in recent years. The total dividend of ₹96 per share declared in FY25, along with the special dividends, showcases the company’s robust financial performance and dedication to delivering value to its investors. As TCS continues to navigate the dynamic IT landscape, its consistent dividend policy remains a testament to its commitment to shareholder satisfaction and financial prudence.
