TCS Dividend History

TCS Dividend History

TCS is an Indian multinational IT company that was founded in 1968 by Tata Sons. TCS headquarter is in Mumbai, Maharashtra, India.

The key peoples in TCS are Natarajan Chandrasekaran (Chairman), Rajesh Gopinathan (MD & CEO). The key services offered by TCS are Consulting, Outsourcing, Managed Services.

A dividend is a small form of payment given out of the profits to shareholders of a company as a form of gratitude. They are nowadays considered an important test to see the company’s strength and determine the enterprise as a stable corporation. 

They have even become a form of secondary income for investors that want a maximum return from their portfolio. This article will cover everything you need to know about dividends before buying shares of a company.

TCS Dividend History

Announcement DateDividend (Rs)Dividend TypeDividend (%)Ex-Date
September 30, 20217Interim700October 14, 2021
June 30, 20217Interim700July 15, 2021
April 12, 202115Final1500May 25, 2021
April 12, 202115Interim1500May 25, 2021
December 31, 20206Interim600January 14, 2021
September 30, 202012Interim1200October 14, 2020
June 30, 20205Interim500July 16, 2020
April 16, 20206Final600June 3, 2020
April 16, 20206Interim600June 3, 2020
March 11, 202012Interim1200March 19, 2020
January 10, 20205Interim500January 23, 2020
September 30, 20195Interim500October 17, 2019
October 10, 201940Special4000October 17, 2019
June 28, 20195Interim500July 16, 2019
April 12, 201918Final1800June 4, 2019
December 31, 20184Interim400January 17, 2019
October 11, 20184Interim400October 23, 2018
June 29, 20184Interim400July 17, 2018
April 19, 201829Final2900May 31, 2018
January 11, 20187Interim700January 22, 2018
October 12, 20177Interim700October 25, 2017
July 13, 20177Interim700July 24, 2017
April 24, 201727.5Final2750June 13, 2017
January 12, 20176.5Interim650January 23, 2017
October 13, 20166.5Interim650October 24, 2016
July 14, 20166.5Interim650July 25, 2016
April 18, 201627Final2700June 6, 2016
January 12, 20165.5Interim550January 21, 2016
October 13, 20155.5Interim550October 23, 2015
July 8, 20155.5Interim550July 20, 2015
April 16, 201524Final2400June 5, 2015
January 15, 20155Interim500January 27, 2015
October 16, 20145Interim500October 29, 2014
July 16, 20145Interim500July 28, 2014
July 17, 201440Special4000July 28, 2014
April 16, 201420Final2000June 6, 2014
January 16, 20144Interim400January 27, 2014
October 15, 20134Interim400October 25, 2013
July 18, 20134Interim400July 29, 2013
April 17, 201313Final1300June 6, 2013
January 14, 20133Interim300January 23, 2013
October 19, 20123Interim300October 31, 2012
July 12, 20123Interim300July 23, 2012
April 23, 201216Final1600June 7, 2012
January 17, 20123Interim300January 25, 2012
October 17, 20113Interim300October 25, 2011
July 14, 20113Interim300July 28, 2011
April 21, 20118Final800June 8, 2011
January 17, 20112Interim200January 27, 2011
October 21, 20102Interim200November 1, 2010
July 15, 20102Interim200July 29, 2010
April 19, 201014Final1400June 15, 2010
January 15, 20102Interim200January 27, 2010
October 20, 20092Interim200October 28, 2009
July 20, 20092Interim200July 27, 2009
April 21, 20095Final500June 16, 2009
January 7, 20093Interim300January 28, 2009
October 14, 20083Interim300October 29, 2008
July 17, 20080Interim300October 29, 2008
July 8, 20083Interim300July 31, 2008
April 21, 20085Final500June 18, 2008
January 8, 20083Interim300January 23, 2008
October 3, 20073Interim300October 22, 2007
July 6, 20073Interim300July 27, 2007
April 16, 20074Final400June 15, 2007
January 8, 20073Interim300January 22, 2007
October 9, 20063Interim300October 23, 2006
July 11, 20063Interim300July 28, 2006
April 17, 20064.5Final450June 16, 2006
January 4, 20063Interim300January 18, 2006
October 4, 20053Interim300October 18, 2005
July 18, 20053Interim300August 18, 2005
April 19, 20055Final500July 6, 2005
January 13, 20053.5Interim350February 3, 2005
October 14, 20043Interim300October 28, 2004

The First time TCS gives dividends in 2004 of Rs. 3. For the last 10 years, TCS is given dividends every year. TCS has a good track record of giving dividends.

Is Dividend Good for the Company?

Yes, a dividend is good for the company because it makes it more attractive to the shareholders. The return of profits can be seen as a thank you note for the investors to trust the company. Dividends are a strong sign that the company’s balance sheet is strong and positive. 

Companies that pay dividends with consistent returns tend to be highly valued stocks with high market share rates. High stock price means larger market capitalization, and the company has a larger credit score to take on debt.

Who is Eligible for a Dividend?

Any shareholder owns a company’s stock for more than one business day before the ex-date dividends are paid out.

How do Dividends Get Paid?

Dividends are paid to the shareholder through a cheque that the shareholder can encash. A shareholder can also apply to receive the dividends in the form of additional company stocks. The stock-based Dividend is called a DRIP (Dividend Return Investment Plans) and is considered an additional investment. 

Why do Companies not Pay Dividends?

Small companies or startups do not pay dividends to their shareholders because they tend to be growing firms. They need many investments to fuel the expansion and become bigger as a company. Only highly well-established companies with no need for investment for future expansion tend to pay dividends.

What is the Dividend Announcement Date?

The company management comes together to announce when the company will pay dividends to the shareholders. The data then has to be approved by the shareholders before encashing their dividend cheques.

Types of Dividend

There are three types of Dividends that shareholders can receive-

  • Cash Dividends: You can receive these in the electronic transfer or the form of a cheque.
  • Property Dividends: A shareholder can receive one of the company’s assets as a form of property dividends.
  • Stock Dividends: These are additional stocks issued to the shareholder as a form of dividend return.

What is the Ex-Date of the Dividend?

The ex-date of the Dividend refers to the specific date before which a new shareholder must apply for a Dividend. If the shareholder buys the stock on the day or the ex-date of the Dividend, the seller will get a dividend. It is essentially a deadline for the new shareholders to come on board to get a dividend.