{
  "type": "article",
  "title": "Tata Consultancy Services Announces Rs 12 Second Interim Dividend Per Share, Fixes October Record and Payout Dates",
  "summary": "Tata Consultancy Services has declared a second interim dividend of Rs 12 per equity share for financial year 2026-27, setting October 14 as the record date and October 30, 2026, for the payout.",
  "content": "The board of directors of Tata Consultancy Services has approved a second interim dividend of Rs 12 per equity share with a face value of Re 1 each for the financial year 2026-27 during its recent board meeting. This announcement follows an earlier distribution of Rs 12 per share paid as the first interim dividend for the current fiscal cycle in July 2026. With this latest payout, the cumulative dividend distributed to shareholders for financial year 2026-27 climbs to Rs 24 per share, with the remaining third and fourth quarters of the fiscal period still ahead.\n\nCrucial Deadlines for Dividend Eligibility\nTo determine which investors qualify for this corporate cash distribution, the company has designated October 14, 2026, as the official record date. This specific date will simultaneously serve as the ex-dividend date in the domestic equity market. Under prevailing stock market mechanisms, the ex-dividend and record dates typically align on the same calendar day, functioning as definitive cut-offs to identify the registered owners of equity shares.\n\nInvestors who purchase shares after the October 14 cut-off date will not be eligible to receive this Rs 12 distribution. Consequently, eligible market participants must hold the company's shares in their demat accounts on or before October 14, 2026. Following the compilation and verification of the qualifying investor registry, the company will disburse the dividend amounts on Friday, October 30, 2026, crediting funds straight to the bank accounts linked to demat accounts.\n\nShareholding Calculations and Payout Structure\nThe arithmetic behind the corporate payout is straightforward, yielding an exact Rs 12 distribution against every single qualifying equity share. Holding a single share earns an investor Rs 12, whereas an equity position of 10 shares results in a credit of Rs 120 directly into the associated bank account.\n\nThe cumulative proceeds scale linearly across larger share holdings\n• An investor holding 100 shares will receive an aggregate payout of Rs 1,200.\n• Holding 250 shares translates to a dividend payout of Rs 3,000, calculated as 250 multiplied by Rs 12.\n• A portfolio containing 500 shares generates a cash distribution of Rs 6,000.\n• Large positions of 10,000 shares yield a substantial payout of Rs 1.20 lakh in dividend earnings.\n\nTax deductions at source and relevant income tax provisions apply directly to all such dividend earnings received by investors.\n\nStep-by-Step Mechanism for Crediting Dividends\nQualifying for and receiving the payout does not involve complex documentation or separate applications. The fundamental requirement is maintaining settled shares within an active demat account on the record date of October 14, 2026.\n\nBeneficiaries must simply ensure that their Permanent Account Number and bank details remain accurately updated and linked with their respective brokerage and depository accounts. Prior to the scheduled disbursement date, the company's registrar verifies eligible shareholder records. On the predetermined payment date of October 30, 2026, the calculated dividend amount is transferred electronically to the linked bank accounts without manual intervention.\n\nTrack Record of Distributions and Dividend Yield\nThe technology major maintains an established history of shareholder remuneration. Since debut trading on the BSE and NSE in October 2004, the firm has delivered a total of 95 dividend disbursements to its investor base. Over the trailing 12 months, the firm distributed a cumulative dividend of Rs 111 per share.\n\nBased on current market valuations, this extensive distribution delivers an attractive dividend yield of 5.35 percent, ranking it among the highest yield figures within the technology sector. In the previous fiscal year 2025-26 alone, the company had declared dividends reaching Rs 110 per share.\n\nQuarterly Performance and Equity Pricing\nThe dividend approval arrived alongside the company's financial report for the second quarter, wherein consolidated net profit stood at Rs 13,884 crore on consolidated revenue of Rs 73,188 crore. In constant currency terms, sequential quarter-on-quarter revenue expansion registered at 0.5 percent, matching market projections. Performance across the period was supported by traction across banking, financial services and insurance, manufacturing, and technology services verticals. Additionally, annualized artificial intelligence revenue reached $3.1 billion.\n\nMarket participants will react to both the quarterly operational metrics and the dividend announcement during the subsequent trading session. On October 8, the company's stock closed at Rs 2075.25 per share on the BSE, down 0.42 percent, representing a market capitalization of Rs 7,50,843.61 crore.\n\nWhat this means for you\nEligible equity holders will receive a direct cash credit of Rs 12 per share credited to their accounts ahead of month-end.\n\n• Eligibility Cut-off: Investors must hold settled shares in their demat accounts as of October 14, 2026. Anyone buying after this deadline will miss out on this specific corporate dividend payout.\n• Direct Payout: The distribution will be transferred straight to registered bank accounts on Friday, October 30, 2026. Shareholders should verify that their bank account information and PAN remain active with their broker.\n• Tax Deductions: Dividend distributions are subject to applicable taxes and standard TDS withholding rules. Net cash received in the bank will reflect deductions based on individual tax categories.\n• Cumulative Gains: Total dividends for financial year 2026-27 have now reached Rs 24 per share across the first two quarters. This provides measurable cash yields for long-term income-focused portfolios.\n\nWhy this happened\nThe board of directors approved the dividend following the review of its second-quarter earnings, adhering to the corporate policy of distributing operating cash back to equity investors.\n\n• Solid Earnings Performance: The company generated a net profit of Rs 13,884 crore on quarterly revenue of Rs 73,188 crore. Healthy liquidity and consistent operating margins allowed the board to declare another round of cash dividends.\n• Capital Return Track Record: The technology firm has distributed 95 separate dividends since listing in October 2004. In the preceding financial year 2025-26, it disbursed Rs 110 per share to its investor base.\n• Steady Revenue Momentum: Constant currency revenue grew 0.5 percent quarter-on-quarter driven by banking, financial services, manufacturing, and tech services. Furthermore, annualized artificial intelligence revenues expanded to $3.1 billion during the quarter.\n\nQuestions & Answers\n\n1. What is the per-share amount declared for the second interim dividend by TCS?\nThe board has declared a second interim dividend of Rs 12 per equity share of Re 1 face value.\n\n2. What is the record date to determine eligible shareholders?\nThe company has fixed October 14, 2026, as the official record date and ex-dividend date.\n\n3. When will the dividend amount be credited to investor accounts?\nThe dividend payment is scheduled to be disbursed on Friday, October 30, 2026.\n\n4. What is the total dividend declared so far for FY27?\nWith Rs 12 paid in July 2026 and Rs 12 declared now, total dividends for financial year 2026-27 stand at Rs 24 per share.\n\n5. What were the quarterly net profit and revenue numbers reported by TCS?\nThe firm recorded a consolidated net profit of Rs 13,884 crore on consolidated revenue of Rs 73,188 crore.",
  "url": "https://trendkia.com/en/money/tcs-ne-diya-12-rupaye-prati-sheyara-ka-dusara-antarima-dividenda-janie-rikorda-tarikha-aura-bhugatana-ki-samayasima-44846",
  "category": "Money",
  "publishedAt": "2026-10-08",
  "tags": [
    "TCS",
    "Tata Consultancy Services",
    "Dividend",
    "Share Market",
    "Interim Dividend",
    "Quarterly Results"
  ],
  "language": "en",
  "site": "TrendKia"
}