TCS dividend history: A look at Tata group IT giant's payouts in past five years

TCS dividend history: Tata group IT major Tata Consultancy Services (TCS) on April 12 announced a final dividend of Rs 24 per equity share for the financial year ended March 2023. Thar marked the company's fifth dividend announcement in the past one year. 

The dividend — recommended by the board and subject to shareholders' approval — is on shares of face value of Re 1, making it a 2,400 per cent. 

TCS dividend: When is the record date?

TCS is yet to announce a record date for the Rs 24 a share dividend. 

What is a record date and what does it imply? 

A record date is a date that determines the shareholders eligible to benefit from corporate action such as a dividend. Those holding the company's stock by the end of market hours on the record receive the dividend.  

TCS dividend: When will the Tata group company pay the Rs 24/share dividend?

TCS said on April 12 that the proposed final dividend of Rs 24 per share will be paid on the fourth day from the conclusion of its 28th annual general meeting (AGM) subject to shareholders' nod.

Read more on TCS dividend | Five key takeaways from TCS Q4 results

TCS dividend history: Here's a list of dividends announced by the Tata group company in the past five years:  

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