TCS
Tata Consultancy Services Ltd
₹3,528.60
Tata Consultancy Services Ltd Dividend 2023 : Should Tata Consultancy Services Ltd be a part of your dividend portfolio?
Tata Consultancy Services Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹12,91,919.56Cr. Its share price is ₹3,528.60 as on 1 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tata Consultancy Services Ltd gave ₹116 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Technology stocks do not always pay a dividend but as Tata Consultancy Services Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2023, Tata Consultancy Services Ltd has declared dividend of ₹9 - translating a dividend yield of 3.29%.
Let's look at Tata Consultancy Services Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tata Consultancy Services Ltd’s revenue were ₹60,778Cr in the quarter ending June 2023. The revenue grew by 13.5% year on year basis since last quarter.
- Tata Consultancy Services Ltd’s profits were ₹11,074Cr in the quarter ending June 2023. The profits grew by 16.84% year on year basis since last quarter.
- Tata Consultancy Services Ltd’s dividend was ₹9 in the quarter ending June 2023.
Tata Consultancy Services Ltd Dividend related ratios:
- Last dividend date: 12/07/2023
- Current Dividend Yield: 3.29%
- Annual dividend payment: ₹116
History of Tata Consultancy Services Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/07/2023 | CASH | ₹9 | 12/07/2023 | 20/07/2023 |
15/06/2023 | CASH | ₹24 | 12/04/2023 | 15/06/2023 |
16/01/2023 | CASH | ₹8 | 09/01/2023 | 17/01/2023 |
16/01/2023 | CASH | ₹67 | 09/01/2023 | 17/01/2023 |
17/10/2022 | CASH | ₹8 | 10/10/2022 | 18/10/2022 |
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