Tata Consultancy Services Dividends and Buybacks
Dividend criteria checks 6/6
Tata Consultancy Services is a dividend paying company with a current yield of 1.8% that is well covered by earnings.
Key information
1.8%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹75.000 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Unpleasant Surprises Could Be In Store For Tata Consultancy Services Limited's (NSE:TCS) Shares
Dec 07
Tata Consultancy Services Limited Just Missed Earnings - But Analysts Have Updated Their Models
Oct 13Tata Consultancy Services (NSE:TCS) Has Announced A Dividend Of ₹9.00
Oct 11Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today
Oct 04Tata Consultancy Services Limited's (NSE:TCS) Share Price Could Signal Some Risk
Sep 07Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) First-Quarter Report
Jul 14Here's Why We Think Tata Consultancy Services (NSE:TCS) Is Well Worth Watching
Jul 04Tata Consultancy Services Limited (NSE:TCS) Just Released Its Annual Results And Analysts Are Updating Their Estimates
May 11Analysts Have Made A Financial Statement On Tata Consultancy Services Limited's (NSE:TCS) Yearly Report
Apr 15What Tata Consultancy Services Limited's (NSE:TCS) P/E Is Not Telling You
Feb 08Here's Why We Think Tata Consultancy Services (NSE:TCS) Might Deserve Your Attention Today
Jan 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCS's dividends per share have been stable in the past 10 years.
Growing Dividend: TCS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tata Consultancy Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCS) | 1.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (IT) | 1.9% |
| Analyst forecast (TCS) (up to 3 years) | 3.2% |
Notable Dividend: TCS's dividend (1.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: TCS's dividend (1.8%) is in the top 25% of dividend payers in the Indian market (1.1%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), TCS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.3%), TCS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tata Consultancy Services Limited is covered by 86 analysts. 45 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Niral Dalal | Almondz Global Securities Ltd |
| Ashwin Mehta | Ambit Capital |
| Mohit Jain | Anand Rathi Shares and Stock Brokers Limited |