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 Date | Dividend (Rs) | Dividend Type | Dividend (%) | Ex-Date |
| September 30, 2021 | 7 | Interim | 700 | October 14, 2021 |
| June 30, 2021 | 7 | Interim | 700 | July 15, 2021 |
| April 12, 2021 | 15 | Final | 1500 | May 25, 2021 |
| April 12, 2021 | 15 | Interim | 1500 | May 25, 2021 |
| December 31, 2020 | 6 | Interim | 600 | January 14, 2021 |
| September 30, 2020 | 12 | Interim | 1200 | October 14, 2020 |
| June 30, 2020 | 5 | Interim | 500 | July 16, 2020 |
| April 16, 2020 | 6 | Final | 600 | June 3, 2020 |
| April 16, 2020 | 6 | Interim | 600 | June 3, 2020 |
| March 11, 2020 | 12 | Interim | 1200 | March 19, 2020 |
| January 10, 2020 | 5 | Interim | 500 | January 23, 2020 |
| September 30, 2019 | 5 | Interim | 500 | October 17, 2019 |
| October 10, 2019 | 40 | Special | 4000 | October 17, 2019 |
| June 28, 2019 | 5 | Interim | 500 | July 16, 2019 |
| April 12, 2019 | 18 | Final | 1800 | June 4, 2019 |
| December 31, 2018 | 4 | Interim | 400 | January 17, 2019 |
| October 11, 2018 | 4 | Interim | 400 | October 23, 2018 |
| June 29, 2018 | 4 | Interim | 400 | July 17, 2018 |
| April 19, 2018 | 29 | Final | 2900 | May 31, 2018 |
| January 11, 2018 | 7 | Interim | 700 | January 22, 2018 |
| October 12, 2017 | 7 | Interim | 700 | October 25, 2017 |
| July 13, 2017 | 7 | Interim | 700 | July 24, 2017 |
| April 24, 2017 | 27.5 | Final | 2750 | June 13, 2017 |
| January 12, 2017 | 6.5 | Interim | 650 | January 23, 2017 |
| October 13, 2016 | 6.5 | Interim | 650 | October 24, 2016 |
| July 14, 2016 | 6.5 | Interim | 650 | July 25, 2016 |
| April 18, 2016 | 27 | Final | 2700 | June 6, 2016 |
| January 12, 2016 | 5.5 | Interim | 550 | January 21, 2016 |
| October 13, 2015 | 5.5 | Interim | 550 | October 23, 2015 |
| July 8, 2015 | 5.5 | Interim | 550 | July 20, 2015 |
| April 16, 2015 | 24 | Final | 2400 | June 5, 2015 |
| January 15, 2015 | 5 | Interim | 500 | January 27, 2015 |
| October 16, 2014 | 5 | Interim | 500 | October 29, 2014 |
| July 16, 2014 | 5 | Interim | 500 | July 28, 2014 |
| July 17, 2014 | 40 | Special | 4000 | July 28, 2014 |
| April 16, 2014 | 20 | Final | 2000 | June 6, 2014 |
| January 16, 2014 | 4 | Interim | 400 | January 27, 2014 |
| October 15, 2013 | 4 | Interim | 400 | October 25, 2013 |
| July 18, 2013 | 4 | Interim | 400 | July 29, 2013 |
| April 17, 2013 | 13 | Final | 1300 | June 6, 2013 |
| January 14, 2013 | 3 | Interim | 300 | January 23, 2013 |
| October 19, 2012 | 3 | Interim | 300 | October 31, 2012 |
| July 12, 2012 | 3 | Interim | 300 | July 23, 2012 |
| April 23, 2012 | 16 | Final | 1600 | June 7, 2012 |
| January 17, 2012 | 3 | Interim | 300 | January 25, 2012 |
| October 17, 2011 | 3 | Interim | 300 | October 25, 2011 |
| July 14, 2011 | 3 | Interim | 300 | July 28, 2011 |
| April 21, 2011 | 8 | Final | 800 | June 8, 2011 |
| January 17, 2011 | 2 | Interim | 200 | January 27, 2011 |
| October 21, 2010 | 2 | Interim | 200 | November 1, 2010 |
| July 15, 2010 | 2 | Interim | 200 | July 29, 2010 |
| April 19, 2010 | 14 | Final | 1400 | June 15, 2010 |
| January 15, 2010 | 2 | Interim | 200 | January 27, 2010 |
| October 20, 2009 | 2 | Interim | 200 | October 28, 2009 |
| July 20, 2009 | 2 | Interim | 200 | July 27, 2009 |
| April 21, 2009 | 5 | Final | 500 | June 16, 2009 |
| January 7, 2009 | 3 | Interim | 300 | January 28, 2009 |
| October 14, 2008 | 3 | Interim | 300 | October 29, 2008 |
| July 17, 2008 | 0 | Interim | 300 | October 29, 2008 |
| July 8, 2008 | 3 | Interim | 300 | July 31, 2008 |
| April 21, 2008 | 5 | Final | 500 | June 18, 2008 |
| January 8, 2008 | 3 | Interim | 300 | January 23, 2008 |
| October 3, 2007 | 3 | Interim | 300 | October 22, 2007 |
| July 6, 2007 | 3 | Interim | 300 | July 27, 2007 |
| April 16, 2007 | 4 | Final | 400 | June 15, 2007 |
| January 8, 2007 | 3 | Interim | 300 | January 22, 2007 |
| October 9, 2006 | 3 | Interim | 300 | October 23, 2006 |
| July 11, 2006 | 3 | Interim | 300 | July 28, 2006 |
| April 17, 2006 | 4.5 | Final | 450 | June 16, 2006 |
| January 4, 2006 | 3 | Interim | 300 | January 18, 2006 |
| October 4, 2005 | 3 | Interim | 300 | October 18, 2005 |
| July 18, 2005 | 3 | Interim | 300 | August 18, 2005 |
| April 19, 2005 | 5 | Final | 500 | July 6, 2005 |
| January 13, 2005 | 3.5 | Interim | 350 | February 3, 2005 |
| October 14, 2004 | 3 | Interim | 300 | October 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.
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