TCS Q1 Result, TCS Dividend: Information about how the business of the country’s largest IT company Tata Consultancy Services (TCS) was in the June quarter is going to be revealed soon.
The company has also fixed the day for when the results will come out. At the same time, the company will also distribute interim dividend for the current financial year 2023-24, on which the date and record date have also been fixed for the approval of the board. The company has given all these information in the exchange filing. Talking about the shares, it closed at Rs 3271.40 on BSE on Monday, down 0.88 per cent.
TCS Q1 Results, on which day TCS Dividend will be revealed
According to the information given in the exchange filing, TCS will release the financial results for April-June 2023 next week on July 12 i.e. Wednesday. The company has informed in the filing that the meeting of the Board of Directors of TCS is to be held on Wednesday and the board’s approval will be taken on the company’s financial results and dividend. Regarding the interim dividend, the company has informed that if it is approved by the board, then the record date for this will be July 20, 2023.
TCS Dividend History: How has been the record so far
In terms of dividend, the record of Tata Group’s IT company TCS has been excellent. For the last financial year 2022-23, the company had distributed a dividend of Rs 115 per share to the shareholders. This company was listed in 2004 and since then every year it has distributed dividend to the shareholders. In 2004, it had given an interim dividend of Rs 3.
How TCS shares have given returns
Talking about TCS shares, it has gained 2 per cent so far in this financial year. It was at Rs 2926 on September 26, 2022, the last financial year, which is its one-year low. After this, it jumped 22 per cent in five months to reach a one-year high of Rs 3575 on February 16, 2023. However, this boom stopped here and it is still more than 8 percent downside from this high.
