Tata Consultancy Services (TCS) has declared its second-highest dividend ever in FY25. The company has announced an interim dividend of ₹24.50 per equity share, which amounts to 450% of its face value of ₹5.50, for the financial year 2025. This is the second-highest dividend paid by TCS since its initial public offering (IPO) in 2004. The company’s previous highest dividend was ₹25.50 per equity share in FY22. TCS is one of the largest IT consulting company in the world and is known for its high-performing business model and strong financial performance. The company’s dividend announcement is seen as a positive development, indicating its confidence in its financial performance and commitment to distribute a significant portion of its profits to its shareholders. The dividend will be paid on October 8, 2025, and will be credited to the demat accounts of shareholders on September 28, 2025.
Technology firm TCS reports its second-highest net profit ever in FY25, as per LinkedIn data.
by newsworm | Jan 10, 2025 | Tata Consultancy Services | 0 comments