[ad_1]
The dividend will be paid on the fifth day of the conclusion of the company’s Annual General Meeting, subject to shareholder approval. The date of the AGM is yet to be announced.
The dividend for FY25 has already outpaced the FY24 dividend per share (DPS), which stood at ₹73.
In contrast, the IT giant distributed a total dividend of ₹115 per equity share in FY23, including a special dividend of ₹67 per equity share.
Previous Dividends By TCS
Ex-date | Dividend amount |
January 17, 2025 | ₹66 |
January 17, 2025 | ₹10 |
October 18, 2024 | ₹10 |
July 19, 2024 | ₹10 |
May 16, 2024 | ₹28 |
Shares of TCS will trade ex-dividend on the day or a day before the record date.
When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.
Ahead of the earnings, shares of the company closed at ₹3,239 on the NSE, down 1.64%. The stock has fallen 19% last year and is down 21% so far in 2025.
[ad_2]
Source link