The Board of Directors of Tata Consultancy Services Limited (TCS) held its meeting on April 12, 2021. It has declared Final Dividend of Rs 15 per equity share for the financial year 2020-21. The meeting commenced at 4.00 p.m. and concluded at 6.20 p.m.
Tata Consultancy Services Ltd Q4 Result
The company reported a 14.9 per cent year-on-year growth in consolidated net profit at Rs. 9,246 crore for the quarter ended March. Further, the company reported a 9.4 per cent on-year rise in consolidated revenues at Rs. 43,705 crore.
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Tata Consultancy Services Ltd Dividend Record Date
The company in its letter informed the exchanges that it has fixed 27 May 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on 27 May 2021.
To receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In other words, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.
Moreover, here is the copy of statement, the company has sent to the exchanges:
We would like to inform you that at the Board Meeting held today, the Directors have recommended a Final Dividend of Rs. 15 per Equity Share of Rs. l each of the Company which shall be paid/dispatched on the fourth day from the conclusion of the Annual General Meeting, subject to approval of the shareholders of the Company.
Important Dates
- Company – Tata Consultancy Services Ltd
- Script Name – TCS (NSE) and 532540 (BSE)
- Dividend Amount – 15 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – 25 May 2021
- Record Date – 27 May 2021
- Payment Date – June 14, 2021
Also, you can find more information about Tata Consultancy Services Ltd on National Stock Exchange and Moneycontrol – Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company.
