Tata Consultancy Services (TCS) has fixed July 15 (Wednesday) as the record date for its interim dividend of Rs 12 per share, effectively making today the last date for interested investors to buy shares of India’s largest IT company for the payout.

Only those shareholders who own TCS shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts by that day, making them eligible for the dividend.

This effectively makes today the last date for investors to buy the shares of the Tata Group company so that they are credited to the shareholders’ accounts by the record date (Wednesday), making them eligible for the dividend reward.

TCS last week declared an interim dividend of Rs 12 per share with a face value of Re 1 each, along with its results for the April-June quarter of FY26. The IT bellwether said that its board of directors declared the dividend which will be paid by July 31 to the eligible shareholders. The record date to determine the eligibility of shareholders set to receive the payment was fixed on July 15 (Wednesday).

This comes after TCS paid a dividend of Rs 31 in May, interim dividend of Rs 11 and special dividend of Rs 46 in January this year. The latest dividend announcement takes the company’s dividend payout so far this year to Rs 100 per share.

TCS has declared 95 dividends since October, 2004 and has a dividend yield of more than 5% at the current market price, according to data on Trendlyne.

Also read: TCS shares rally 8% in 2 days. Time to buy after sharp 32% crash in 2026? Here’s what technical charts indicate

India's largest IT services company reported 5% year-on-year (YoY) growth in consolidated net profit at Rs 13,349 crore for the first quarter of the ongoing financial year 2027. The company’s consolidated net profit stood at Rs 12,760 crore in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile rose around 14% YoY to Rs 72,275 crore during the quarter under review, as against Rs 63,437 crore in the year-ago period. Its total contract value in Q1 FY27 stood at $9.5 billion.

“Q1 FY27 reflects continued growth momentum and the strength of our strategic positioning, despite geopolitical and macro-economic headwinds. We delivered a strong order book of $9.5 billion, including a marquee AI-led transformation deal with SKF, while continuing to add clients across key revenue bands and scaling our AI business to a $2.6 billion annualized revenue run rate. As customers accelerate investments in AI, modernization, cybersecurity, sovereign cloud and platform simplification, our strong deal conversion, improving client mining and expanding ecosystem partnerships position TCS well to translate opportunity into sustained growth,” said TCS CEO K Krithivasan.

TCS shares have seen a significant surge recently, after the company’s Q1 results and a multi-million, multi-year deal with ABB to transform global network operations with artificial intelligence.

The shares of the company jumped over 6% in one week to close at Rs 2,181.50 apiece on Monday. The stock has fallen over 32% in 2026 so far. In the longer term, TCS shares have delivered negative returns of 35% in three years and 32% in five years. The company has a market capitalisation of nearly Rs 7.9 lakh crore.

Also read: TCS bags multi-million contract from industrial giant ABB