TCS Declares ₹30 Dividend, Record Date June 4, 2025.
TCS Dividend: Tata Consultancy Services (TCS) has announced a ₹30 dividend for its investors. The company declared the dividend on April 10th, with a record date set for June 4th, 2025. This means that shareholders who own TCS shares on or before June 4th, 2025, will be eligible to receive the ₹30 dividend.
What is the Record Date?
When a company declares a dividend, a "record date" is determined. This is the date on which shareholders are deemed eligible for the dividend. TCS's record date of June 4th, 2025, means that all investors holding TCS shares on or before that date will be entitled to the ₹30 dividend.
TCS Dividend Payment Date
TCS has stated that, subject to shareholder approval of the dividend proposal, the dividend payment will be made before June 24th, 2025. Therefore, eligible shareholders can expect to receive their dividend by June 24th, 2025.
TCS Dividend History
TCS has consistently provided attractive dividends to its investors. In January of this year, the company paid a dividend of ₹76, comprising an interim dividend of ₹10 and a special dividend of ₹26. Furthermore, in 2024, TCS distributed dividends three times – ₹9, ₹18, and ₹10 per share.
March Quarter Results
TCS's results for the March quarter of fiscal year 2025 were mixed. Consolidated net profit decreased by 1.7% to ₹12,224 crore, while revenue increased by 5.3% to ₹64,479 crore. However, the company's share price has seen a recent decline.
Decline in TCS Share Price
On Thursday, TCS shares closed at ₹3,429, reflecting a 2% decrease over the past month and a 15% decline over the past three months. This price drop may present an opportunity for investors considering investment in TCS, particularly given the upcoming dividend payment.