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TCS & Vedanta Dividends: Last Chance to Buy!
13 Oct
Summary
- Investors must buy TCS and Vedanta shares by Oct. 13 for dividends.
- TCS offers a Rs 12 interim dividend; Vedanta Rs 5 per share.
- Dividends are taxable, with a 10% TDS on amounts over Rs 5,000.
As of October 13, 2026, investors have a final opportunity to acquire shares in Tata Consultancy Services (TCS) and Vedanta Ltd. to be eligible for dividend payouts. The record date for both companies is October 14, 2026, but due to India's T+1 settlement system, purchasing shares on this date will exclude investors from the dividend. Consequently, the last day to buy for dividend eligibility is October 13, 2026.
TCS has announced a second interim dividend of Rs 12 per equity share for the financial year 2026-27. This follows an earlier interim dividend of Rs 12 in July 2026, bringing the total interim dividend for the fiscal year to Rs 24 per share. The payout for this dividend is scheduled for October 30, 2026.
Vedanta Ltd. has approved its first interim dividend for FY26-27, amounting to Rs 5 per equity share. This distribution represents a total payout of approximately Rs 1,955 crore. Shareholders should note that dividends are taxable, with a 10% Tax Deducted at Source (TDS) applicable for resident individuals if the dividend income surpasses Rs 5,000 within a financial year.
