TCS dividend alert! Last day to buy IT major's shares for Rs 12 dividend

Tata Consultancy Services (TCS) has fixed October 14 as the record date for its second interim dividend of Rs 12 per share for the ongoing FY27, effectively making today the last day for interested investors to buy shares of India’s largest IT services company to be eligible for the payout.

The company last week declared the interim dividend, along with the Q2 results that kickstarted the September quarter earnings season for the IT sector. The latest dividend comes after TCS paid an interim dividend of Rs 12 per share to its shareholders in July.

The second interim dividend will be paid to eligible shareholders on October 30 (Friday). TCS has declared 96 dividends since October, 2004, and the company has a dividend yield of more than 5% at the current market price, according to data on Trendlyne.


Only those shareholders who hold TCS shares in their demat accounts as of Wednesday will be eligible for the dividend. Due to SEBI's T+1 settlement norm, investors must purchase the company's shares at least one trading day before the record date so they are credited to their demat accounts by that date and qualify for the corporate action. This effectively makes today the final day for investors to buy the shares to be eligible.

Also read | TCS dividend: IT giant declares second interim dividend of Rs 12 per share for FY27

TCS Q1 Results

The company announced the dividend along with its Q2 results last week. The company reported 15% year-on-year (YoY) growth in its consolidated net profit at Rs 13,884 crore for the July-September quarter of the ongoing FY27, from Rs 12,075 crore a year ago.

Revenue from operations increased 11% YoY to Rs 73,188 crore in Q2 FY27, compared with Rs 65,799 crore in the corresponding quarter of the previous financial year. In constant currency terms, revenue rose 0.5% quarter-on-quarter. Operating margin came in at 24%, while net margin stood at 19%.

TCS share price

TCS shares have fallen more than 3% in one month and over 34% in 2026 as multiple headwinds including AI frenzy sparked a sharp selloff in IT stocks. The stock has overall fallen 30% in one year.

In the longer term, TCS shares have delivered negative returns of more than 40% in three years and 42% in five years. The company has a market capitalisation of nearly Rs 7.69 lakh crore.

Also read | TCS shares rally in 2 sessions after Q2 results. What are technicals indicating for the IT major?

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.