Tata Consultancy Services stock: dividend
TCS.NSTata Consultancy Services paid $0.71 per share over the last twelve months, 2.74% on the price, and has not cut its dividend for 22 years.
Daily figure as of 13 Nov 2026
The amounts for the last 12 months and paid in fiscal 2026 differ if the company has raised or cut its dividend since then.
Dividend dates and payments
Anyone holding the stock on the day before the ex-dividend date receives the dividend. Amounts are per share, before tax.
All 20 payments of the last five years
| Ex-dividend date | Payment date | Dividend per share |
|---|---|---|
| 14 Oct 2026 | 30 Oct 2026 | $0.1275 |
| 15 Jul 2026 | 31 Jul 2026 | $0.1275 |
| 25 May 2026 | 12 Jun 2026 | $0.3295 |
| 16 Jan 2026 | 3 Feb 2026 | $0.6058 |
| 15 Oct 2025 | 4 Nov 2025 | $0.1169 |
| 16 Jul 2025 | 4 Aug 2025 | $0.1169 |
| 4 Jun 2025 | 24 Jun 2025 | $0.3189 |
| 17 Jan 2025 | 3 Feb 2025 | $0.8078 |
| 18 Oct 2024 | 5 Nov 2024 | $0.1063 |
| 19 Jul 2024 | 10 Aug 2024 | $0.1063 |
| 16 May 2024 | 30 Jun 2024 | $0.2976 |
| 19 Jan 2024 | 5 Feb 2024 | $0.2870 |
| 19 Oct 2023 | 7 Nov 2023 | $0.0957 |
| 20 Jul 2023 | 7 Aug 2023 | $0.0957 |
| 15 Jun 2023 | 3 Jul 2023 | $0.2551 |
| 16 Jan 2023 | 3 Feb 2023 | $0.7972 |
| 17 Oct 2022 | 7 Nov 2022 | $0.0850 |
| 14 Jul 2022 | 3 Aug 2022 | $0.0850 |
| 25 May 2022 | 13 Jun 2022 | $0.2338 |
| 19 Jan 2022 | 7 Feb 2022 | $0.0744 |
Is today's dividend yield unusually high?
Dividend yield today
2.74%
higher than usual$0.71 dividend per share over the last twelve months on a price of $25.96
Today 2.74%, on average over fiscal years 2017 to 2026 2.12% (range 0.91 to 5.49%).
The yield is above what was usual in recent fiscal years. Whether the price fell or the dividend rose is shown by the reason further down.
Since the end of fiscal 2026 on 31 Mar 2026, the dividend has fallen and the price has risen, so the yield has fallen, mainly because of the dividend.
- Fiscal year
- Today, last 12 months
For each fiscal year, the dividend per share for that year divided by the closing price on the last trading day of the fiscal year. The dashed line is the average (median) of the fiscal years.
Dividend development
Dividend per share
Payout ratio
- of earnings
- of free cash flow
Figures as a table
| Year | Dividend per share | Earnings per share |
|---|---|---|
| 2007 | $0.0295 | $0.11 |
| 2008 | $0.0405 | $0.14 |
| 2009 | $0.0436 | $0.14 |
| 2010 | $0.0531 | $0.19 |
| 2011 | $0.1245 | $0.25 |
| 2012 | $0.1053 | $0.28 |
| 2013 | $0.1549 | $0.38 |
| 2014 | $0.1487 | $0.52 |
| 2015 | $0.4618 | $0.54 |
| 2016 | $0.2557 | $0.65 |
| 2017 | $0.2953 | $0.71 |
| 2018 | $0.2962 | $0.71 |
| 2019 | $0.3204 | $0.88 |
| 2020 | $1.0660 | $0.92 |
| 2021 | $0.3083 | $0.92 |
| 2022 | $0.3827 | $1.10 |
| 2023 | $1.2011 | $1.22 |
| 2024 | $0.7326 | $1.34 |
| 2025 | $1.3179 | $1.43 |
| 2026 | $1.1585 | $1.45 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 7 Mar 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.