{
  "type": "article",
  "title": "Tata Group Flagship TCS Declares Rs 12 Interim Dividend Per Share Ahead of Upcoming Record Date",
  "summary": "Tata Consultancy Services has set October 14 as the record date for its second interim dividend of Rs 12 per share, with payouts scheduled for October 30.",
  "content": "India's leading information technology exporter, Tata Consultancy Services (TCS), has lined up a fresh cash distribution for its equity investors. The prominent Tata Group enterprise recently announced its second interim dividend payout for the ongoing fiscal period following an official exchange communication. Under this corporate action, equity holders will receive Rs 12 on each equity share possessing a face value of Re 1.\n\nShare Eligibility Set for October 14 Record Date\nThe timeline for this dividend distribution coincided with the unveiling of the company's financial report for the second fiscal quarter on Thursday of the current week. In its regulatory disclosure, the software major designated Wednesday, October 14, as the official record date. Consequently, the company's shares are scheduled to trade on an ex-dividend basis starting on October 14, establishing the final register of members eligible for the payout.\n\nDirect Bank Account Payout Slated for October 30\nInvestors aiming to qualify for this Rs 12 per share dividend distribution must complete their purchases prior to the cut-off threshold. To secure eligibility on the record day, market participants must hold or purchase the stock by Tuesday, October 13. The corporate filing further confirms that the dividend proceeds will be electronically credited to the verified bank accounts of eligible shareholders on Friday, October 30.\n\nSecond Quarter Delivers Notable Growth in Earnings and Revenue\nThe capital return comes against the backdrop of an expanding earnings profile. During its corporate announcement on October 8, the IT giant posted a 15 percent year-on-year jump in consolidated net profit, which climbed to Rs 13,884 crore for the second quarter. Topline performance kept pace, as overall quarterly revenue expanded by 11.22 percent to reach Rs 73,188 crore over the same comparable stretch.\n\nStock Climbed Sharply During Friday's Trading Session\nMarket reception to the operational figures and cash return was visibly constructive on the bourses during the final trading window of the week. On BSE, the counter registered a notable gain of 4.23 percent, or Rs 87.75, settling at Rs 2163.00 per share. Across Friday's session, the stock fluctuated between an intraday peak of Rs 2204.00 and an intraday low of Rs 2088.00. Currently, the equity holds a 52-week high of Rs 3336.70 alongside a 52-week low of Rs 1976.00.\n\nWhat this means for you\nTCS shareholders will receive a direct cash dividend of Rs 12 per equity share, providing immediate investment yield.\n\n• For Shareholders: Investors holding shares as of October 13 will earn a payout of Rs 12 per equity share. The proceeds will be credited directly to registered bank accounts on October 30.\n• For Prospective Buyers: New investors seeking this cash distribution must execute purchases before the October 14 record date. Shares acquired on or after October 14 will trade ex-dividend without payout entitlement.\n• For Market Participants: Solid quarterly financial expansion alongside the dividend distribution highlights steady capital return discipline in the IT basket. The 4.23 percent gain on Friday underlines resilient trader appetite.\n• For Tax Considerations: Dividend income is subject to applicable domestic tax regulations based on an individual investor's income bracket. Beneficiaries should monitor the credited proceeds for mandatory tax filing entries.\n\nWhy this happened\nThe dividend declaration stems from a strong second-quarter financial showing marked by double-digit profit expansion and healthy operational cash flow.\n\n• Robust Net Profit Growth: TCS registered a 15 percent year-on-year surge in second-quarter profit to reach Rs 13,884 crore. This bottom-line expansion gave corporate leadership the financial headroom to reward equity holders.\n• Topline Expansion: Consolidated operational revenue advanced by 11.22 percent during the quarter to Rs 73,188 crore. Sustained revenue momentum bolstered overall corporate liquidity.\n• Shareholder Return Framework: TCS consistently distributes free operational cash to equity partners through phased quarterly payouts. This declaration represents the planned second interim dividend installment for the current financial year.\n\nQuestions & Answers\n\n1. What dividend amount has TCS declared per share?\nTCS has declared a second interim dividend of Rs 12 per equity share with a face value of Re 1.\n\n2. What is the record date for this interim dividend?\nThe official record date for determining shareholder eligibility is Wednesday, October 14.\n\n3. When is the last date to buy shares to qualify for the dividend?\nInvestors must purchase the equity shares by Tuesday, October 13, before the stock begins trading ex-dividend.\n\n4. When will the dividend payment be disbursed to shareholders?\nThe dividend proceeds will be credited to eligible shareholders' bank accounts on Friday, October 30.\n\n5. What was TCS's net profit for the second quarter?\nThe company's net profit rose 15 percent year-on-year to reach Rs 13,884 crore in the second quarter.\n\n6. At what price did TCS stock close on Friday?\nOn BSE, TCS shares gained 4.23 percent to settle at Rs 2163.00 at the close of Friday's session.",
  "url": "https://trendkia.com/en/market/tata-group-ki-diggaja-it-pharma-tcs-bantegi-12-rupaye-ka-dividenda-rikorda-deta-aura-bhugatana-ka-shedyula-taya-46045",
  "category": "Market",
  "publishedAt": "2026-10-10",
  "tags": [
    "TCS",
    "Tata Group",
    "Dividend",
    "Stock Market",
    "Q2 Results",
    "IT Sector"
  ],
  "language": "en",
  "site": "TrendKia"
}