TCS dividend 2024: IT major announces Rs 28/share payout (2024)

TCS dividend 2024, TCS dividend announcement: IT bellwether Tata Consultancy Services' (TCS) on Friday, April 12, announced a final dividend of Rs 28 per equity share of face value of Re 1 for the financial year ending March 31, 2024, along with its financial results for the fourth and final quarter of the financial year 2023-24, kickstarting the Q4 earnings season.

India's largest IT firm's regulatory filing said, "We would like to inform you that at the Board Meeting held today, the Directors have recommended a Final Dividend of ₹28 per Equity Share of ₹1 each of the Company which shall be paid/dispatched on the fourth day from the conclusion of the 29th Annual General Meeting, subject to approval of the shareholders of the Company."

Notably, the final dividend is subject to the approval of the shareholders of the company at the IT firm's29th Annual General Meeting (AGM).

TCS dividend 2024 record date,TCS dividend 2024 payment date

The firm is yet to inform the bourse about the record date as well as the payment date.

TCS Q4 results

TCS released its Q4 numbers with consolidated profitability inching higher to Rs 12434 crore from Rs 11,058 crore in the previous quarter. The consolidated revenue at the IT major gained from Rs 60583 crore in the December ended quarter to Rs 61,237 crore. The Earnings Before Interest and Taxes (EBIT) at the behemoth also logged a growth to Rs 15,918 crore. The order book at the company increased to $USD 1320 crore, gaining 63 per cent sequentially. Read more

TCS dividend history

Excluding the final dividend announced today, TCS has declared 83 dividends since October 28, 2004, as per research portal Trendlyne. TCS has declared an equity dividend amounting to Rs 69 per share in the past 12 months. At the current levels, the dividend yield of TCS stands at 1.73 per cent.

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TCS dividend 2024: IT major announces Rs 28/share payout (2024)

FAQs

TCS dividend 2024: IT major announces Rs 28/share payout? ›

TCS dividend 2024, TCS dividend announcement: IT bellwether Tata Consultancy Services' (TCS) on Friday, April 12, announced a final dividend of Rs 28 per equity share of face value of Re 1 for the financial year ending March 31, 2024, along with its financial results for the fourth and final quarter of the financial ...

What is the dividend of Tata share in 2024? ›

Tata Motors Results 2024 Updates: Net profit rises 222% YoY to ₹17,407 crore, declares dividend of ₹6 per share.

How much dividend TCS will pay? ›

The board of Tata Consultancy Services Ltd (TCS) on Friday approved a final dividend of ₹28 per equity share for the financial year ending March 2024.

What is the final dividend of TCS share? ›

Tata Consultancy Services Ltd (TCS), the largest domestic software exporter, on Friday announced a final dividend of Rs 28 per share for the financial year 2023-24. Along with Rs 45 per share dividend announced earlier, the total TCS dividend for FY24 stood at Rs 73 per share.

What is the result of TCS QTR 4 2024? ›

TCS Q4FY24 result details

Revenue: The company reported revenue of Rs 61,237 crore in Q4FY24, a growth of 3.5% YoY. The revenue increased by 2.2% in constant currency terms. In the previous quarter, the company reported revenue of Rs 60,583 crore, so QoQ growth has been at 1.8%.

What is the target price of Tata Investments 2024? ›

In 2024, Tata Investment Corporation Ltd (TATAINVEST) is expect to experience strong growth, with an initial target of ₹5384.47. However, market volatility might lead to fluctuations mid-year, peaking at ₹7038.1.

What is the target price of Tata Motors share in next 5 years? ›

Tata Motors Share Price Target (2026 to 2030)
YearMaximum targetMinimum Target
2026Rs 2292Rs 1612
2027Rs 2590Rs 1980
2028Rs 2819Rs 2350
2029Rs 3192Rs 2584
1 more row
Jan 27, 2024

What is the dividend payout of TCS in 2024? ›

TCS dividend 2024, TCS dividend announcement: IT bellwether Tata Consultancy Services' (TCS) on Friday, April 12, announced a final dividend of Rs 28 per equity share of face value of Re 1 for the financial year ending March 31, 2024, along with its financial results for the fourth and final quarter of the financial ...

Has TCS declared bonus shares? ›

At the current share price of Rs 3883.65, TCS has a dividend yield of 1.78%. TCS Bonus Share History: TCS announced 3 bonuse issues since July 28, 2006. Its last bonus issue was declared in the ratio 1:1 with ex-date fixed as May 31, 2018, according to Trendlyne.

How do I claim TCS dividends? ›

The dividend lying in this Unpaid Dividend Account can be claimed by the shareholders by writing to the Registrar and Transfer Agent - Link Intime India Private Limited (mailing address in the Investor Contacts Opens in new tab section) with details of folio number (in case of physical holdings) or the DP ID/Client ID ...

Which company gives the highest dividend? ›

Overview of the Top Dividend Paying Stocks in India
  • Tata Consultancy Services Ltd. ...
  • HDFC Bank Ltd. ...
  • ICICI Bank Ltd. ...
  • Hindustan Unilever Ltd. ...
  • ITC Ltd. ...
  • State Bank of India. ...
  • Infosys Ltd. ...
  • Housing Development Finance Corporation Ltd.
Feb 22, 2024

What is the dividend of Wipro in 2024? ›

Wipro Ltd.

For the year ending March 2024 Wipro has declared an equity dividend of 50.00% amounting to Rs 1 per share. At the current share price of Rs 450.80 this results in a dividend yield of 0.22%. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

What is the dividend of ITC in 2024? ›

Apart from demerger development, ITC is also in focus for its Final Dividend of 7.50 per Ordinary Share of 1/- each for the financial year ending 31st March 2024. This is together with the Interim Dividend of 6.25 per Ordinary Share declared by the Board on 29th January 2024.

Is TCS going to grow? ›

India's TCS pins hopes on strong deal pipeline to drive growth in fiscal 2025 | Reuters.

What are the results of Tata 2024? ›

(TML) announced its results for quarter ended March 31, 2024. Tata Motors Consolidated: For FY24, TML reported record revenues of ₹ 437.9K Cr, an all-time high EBITDA at ₹ 62.8K Cr, highest ever PBT (bei) of ₹28.9K Cr (+₹27.1K Cr over the previous year) and net profit of ₹31.8K Cr (+₹29.1K Cr over the previous year).

What is the projected amount in TCS? ›

TCS Price Targets Summary

According to Wall Street analysts, the average 1-year price target for TCS is 4 270.13 INR with a low forecast of 3 070.4 INR and a high forecast of 5 026.35 INR.

What is the record date for Tata consumer dividend 2024? ›

“Further, it is hereby informed that Thursday, May 24, 2024, shall be reckoned as the 'Record Date' to ascertain the eligibility of shareholders for payment of Interim Dividend for the FY 2023-24," the filing added.

What is the record date for Tata Technologies dividend 2024? ›

Customize
Ex-Dividend DateDividendPayment Date
Jun 13, 20248.4Jul 21, 2024
Jun 13, 20241.65Jul 21, 2024

What is the record date for Tata Chemicals dividend 2024? ›

Tata Chemicals Dividend 2024 – Tata Chemicals Ltd declares a dividend of ₹15.00. The Tata Chemicals Dividend 2024 record date is 12th June 2024 and the ex-dividend date is 12th June 2024.

What is the next dividend of Tata Power? ›

For the year ending March 2024 The Tata Power Company has declared an equity dividend of 200.00% amounting to Rs 2 per share.

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