Dildar Tata! Big gift to investors, strong earnings on every stock Maharashtra Times
The ‘King’ of TCS Dividends
Note that this IT giant is also known for paying huge dividends to its investors. TCS declared dividend for its investors for the sixth time in the last financial year i.e. 2022-23, but the company has not made any announcement regarding the dividend record and payment date. Notably, TCS had paid a dividend of Rs 22 per share in the month of May for the financial year 2022-23.
Kind regards to TCS Investors
After issuing a dividend of Rs 22 per share in May 2022, TCS had paid an interim dividend of Rs 8 each in July and October. Not only this, in January 2023, TCS paid a special dividend of Rs 67 and an interim dividend of Rs 8 to its investors. Thus the company has so far paid a total dividend of Rs.137 to its investors in the financial year 2022-23.
Trending Stock Today: This was the top trending stock of Tata group on Monday
TCS Quarterly Results
After releasing its fourth quarter results, TCS reported a 14.8% rise in net profit to Rs 11,392 crore. TCS, the country’s largest information technology company by market capitalization, reported a 16.9% increase in revenue to Rs 59,162 crore in the January-March quarter.
When investing… keep this in mind!
