Tata Consultancy Services (TCS), a Tata group IT sector company, announced today that its Board of Directors will meet on October 10, 2024, to discuss financial results. The Board will also consider declaring a second interim dividend to equity stockholders on October 10, 2024.

The business set October 18, 2024 as the record date for the interim dividend. The last trading price of Tata Consultancy Services shares on the BSE was Rs 4268.40 a share, down 0.94% today.

Tata Consultancy Services To Consider Results: According to Tata Consultancy Services' exchange filing dated September 30, 2024, "Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that a meeting of the Board of Directors of Tata Consultancy Services Limited is scheduled to be held on Thursday, October 10, 2024, inter alia to:

i. approve and take on record the audited condensed standalone financial.

ii. approve and record the audited condensed consolidated financial results of the Company and its subsidiaries under Ind AS for the three and six-month periods ending September 30, 2024."

TCS to Consider Interim Dividend: The BSE filing said, "Consider declaring a second interim dividend to equity shareholders." The second interim dividend, if declared, shall be paid to equity shareholders of the Company whose names appear on the Company's Register of Members or in the Depositories' records as beneficial owners of the shares as of Friday, October 18, 2024, which is the Record Date set for the purpose."

TCS Shares Performance: The 52-week high price of Tata Consultancy Services shares on the BSE is Rs 4585.90 per share (as of 02/09/2024), while the 52-week low price is Rs 3,313.00 per share (as of 01/11/2023). Tata Consultancy Services shares returned 22% in the last three months. TCS shares fell 5.42% in the last two weeks, but are up more than 12% year to date, 42% in the last two years, and 103% in the last five years. In the last ten years, TCS stock has returned 211%.

TCS Dividend History: Tata Consultancy Services has declared 85 dividends since October 28, 2004. TCS announced an equity dividend of Rs 74.00 per share over the last year. TCS's current share price of Rs 4268.40 provides a dividend yield of 1.73%.

TCS Bonus Share History: Since July 28, 2006, the IT company has announced three bonus issues. According to Trendlyne data, the last TCS bonus issuance was declared in a 1:1 ratio, with an ex-date of May 31, 2018.