TCS sets July 15 record date for Rs 12 interim dividend; buyers need shares settled by July 14 close
AI Market Summary
TCS announced an interim dividend of Rs 12 per share with a July 15 record date, making July 14 the effective last purchase date under India's T+1 settlement. The company has paid Rs 100 per share in dividends so far this year and reported Q1 FY27 net profit up 5% YoY and revenue up 14%, with AI annualized revenue at $2.6B. Near-term impact is mainly event-driven positioning around the record date.
Impact level
● Low
Affected assets
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● Neutral
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Tata Consultancy Services has announced an interim dividend of Rs 12 per share, with July 15 (Wednesday) set as the record date. Under SEBI’s T+1 settlement cycle, investors must buy the stock by the close of July 14 (Monday) for the shares to be credited in time to qualify. The payout is TCS’s fourth dividend this year, taking distributions so far in 2026 to Rs 100 per share and implying a dividend yield of more than 5% at the current market price. In Q1 FY27, TCS reported 5% YoY growth in net profit and about 14% YoY revenue growth, and said its AI business had scaled to a $2.6 billion annualized revenue run rate.
