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TCS Declares 3rd Interim Dividend of Rs 9, Special Dividend of Rs 18; Check Record Date, Payment Date

TCS’s third interim dividend and the special dividend shall be paid to the equity shareholders on February 5

Tata Consultancy Services, India’s largest IT services company, on Thursday declared a third interim dividend of Rs 9 and a special dividend of Rs 18 per equity share of Rs 1 each.

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“We would like to inform you that at the board meeting held today, the directors have declared a third interim dividend of Rs 9 and a special dividend of Rs 18 per equity share of Rs 1 each of the company,” TCS said in a regulatory filing.

The third interim dividend and the special dividend shall be paid on Monday, February 5, 2024, to the equity shareholders of the company, it said.

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The dividend will be paid to the shareholders whose names appear on the Register of Members of the company or in the records of the Depositories as beneficial owners of the shares as on Friday, January 19, 2024, which is the Record Date fixed for the purpose.

TCS has posted a growth of 8.2 per cent year-on-year in its net profit to Rs 11,735 crore for the third quarter ended December 2023 (Q3 FY24). Its revenue during October-December 2023 rose 4 per cent year-on-year to Rs 60,583 crore.

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