TCS Declares 1200% Payout While Vedanta Offers ₹5 Per Share Ahead of October 14 Ex-Date

• by Akanksha Mishra
• 2026-10-13 13:40:00

Market participants holding or looking to add IT titan Tata Consultancy Services (TCS) and natural resources major Vedanta Limited to their investment portfolios face a vital deadline today, October 13. This session represents the final chance to purchase shares of either corporation to secure eligibility for their declared dividend payouts, as both marquee counters will turn ex-dividend on Wednesday, October 14. Under standard equity settlement frameworks, investors must ensure the underlying shares are executed before the ex-date so that ownership formally reflects in their demat accounts by the designated record date. Failure to hold the shares prior to the cutoff excludes investors from receiving the corporate payouts.

TCS Announces 1200% Dividend Payout: IT Leader's Fourth Corporate Distribution of 2026

India's largest software exporter Tata Consultancy Services continues its disciplined capital return track record with another major shareholder reward:

Dividend quantum per share: TCS has authorized an interim dividend payout of ₹12 per equity share, setting October 14 as the official record date to determine eligible beneficiaries.

Fourth ex-dividend turnaround this year: This marks the fourth occasion in 2026 that the IT major trades ex-dividend, following an earlier ₹12 payout and an extensive ₹57 cumulative corporate distribution in January that bundled a ₹46 special dividend with an ₹11 interim dividend.

Face value mathematics: Calculated against the company's baseline nominal face value of ₹1 per equity share, the declared ₹12 distribution translates to an impressive 1200% dividend yield on face value.

Price action and annual performance: Shares of TCS traded higher around ₹2,229.50 on the NSE today, showing resilience despite navigating an approximate 27% correction across the broader past 52-week trading cycle.

Vedanta Sets ₹5 Interim Dividend: Mining Giant's Maiden Payout Post-Demerger

Natural resources conglomerate Vedanta Limited, helmed by billionaire industrialist Anil Agarwal, has similarly positioned itself to reward equity shareholders:

First distribution post-demerger: The company declared an interim dividend of ₹5 per equity share, representing its maiden capital payout since completing its high-profile corporate demerger process.

October 14 record date: The mining major has finalized October 14 as the statutory record date, aligning its ex-dividend trading day precisely alongside TCS tomorrow.

Trading performance and annual surge: While the counter experienced marginal intraday softness to trade near ₹256.85 on the National Stock Exchange, long-term investors have enjoyed strong wealth creation, with the stock delivering returns of roughly 50% over the trailing 12 months.

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