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Tata Consultancy Services (NSE:TCS) Dividend Yield % : 1.32% (As of May. 03, 2024)


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What is Tata Consultancy Services Dividend Yield %?

As of today (2024-05-03), the Trailing Annual Dividend Yield of Tata Consultancy Services is 1.32%.

Good Sign:

Tata Consultancy Services Ltd stock dividend yield is close to 3-year high.

The historical rank and industry rank for Tata Consultancy Services's Dividend Yield % or its related term are showing as below:

NSE:TCS' s Dividend Yield % Range Over the Past 10 Years
Min: 0.86   Med: 1.35   Max: 2.72
Current: 1.32

During the past 13 years, the highest Dividend Yield of Tata Consultancy Services was 2.72%. The lowest was 0.86%. And the median was 1.35%.

NSE:TCS's Dividend Yield % is ranked worse than
60.09% of 937 companies
in the Software industry
Industry Median: 1.69 vs NSE:TCS: 1.32

Tata Consultancy Services's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.26.

During the past 13 years, the highest Dividend Payout Ratio of Tata Consultancy Services was 0.52. The lowest was 0.32. And the median was 0.35.

As of today (2024-05-03), the Forward Dividend Yield % of Tata Consultancy Services is 1.32%.

Tata Consultancy Services's Dividends per Share for the three months ended in Mar. 2024 was ₹9.00.

During the past 12 months, Tata Consultancy Services's average Dividends Per Share Growth Rate was 10.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tata Consultancy Services was 58.70% per year. The lowest was 0.70% per year. And the median was 23.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Tata Consultancy Services Dividend Yield % Historical Data

The historical data trend for Tata Consultancy Services's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tata Consultancy Services Dividend Yield % Chart

Tata Consultancy Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 0.91 0.96 1.43 1.32

Tata Consultancy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.45 1.39 1.32 1.32

Competitive Comparison of Tata Consultancy Services's Dividend Yield %

For the Information Technology Services subindustry, Tata Consultancy Services's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tata Consultancy Services's Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Tata Consultancy Services's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Tata Consultancy Services's Dividend Yield % falls into.



Tata Consultancy Services Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Tata Consultancy Services Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 9.0000002024-01-192024-01-192024-02-05Cash DividendquarterlyINR:INR 1.000000
INR 9.0000002023-10-192023-10-192023-11-07Cash DividendquarterlyINR:INR 1.000000
INR 9.0000002023-07-202023-07-202023-08-07Cash DividendquarterlyINR:INR 1.000000
INR 24.0000002023-06-152023-06-152023-07-03Cash DividendquarterlyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Tata Consultancy Services's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=51/3843.40
=1.33 %

Current Share Price is ₹3843.40.
Tata Consultancy Services's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹51.

Tata Consultancy Services's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=36/3843.40
=0.94 %

Current Share Price is ₹3843.40.
Tata Consultancy Services's Dividends per Share for the forward twelve months is calculated as ₹9 * 4 = ₹36.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tata Consultancy Services  (NSE:TCS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Tata Consultancy Services Dividend Yield % Related Terms

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Tata Consultancy Services (NSE:TCS) Business Description

Traded in Other Exchanges
Address
Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001
Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.