New Delhi, Oct. 8 -- Tata Consultancy Services on Thursday announced its second interim dividend for FY26-27, taking its total dividend payout to Rs.24 per equity share for the financial year.

The IT stock has declined more than 35% in 2026 so far, as part of a wider IT stocks correction amid artificial intelligence-led disruption fears. Despite the decline, the IT bellwether continues to be a consistent dividend paying firm.

TCS board of directors approved a second interim dividend of Rs.12 per equity share with a face value of Re 1 each for FY27. The IT firm has fixed Wednesday, October 14, as the record date to determine the eligibility of investors for payout.

The company has announced an annual payout of Rs.110 per equity share wi...