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Dividend announcements from HDFC Bank, TCS, ICICI Bank, HCL Tech, Trent, Tata Elxsi, Tata Communications and L&T Technology Services are in focus as companies reward shareholders, drawing comparisons over payout sizes and returns.
Payouts range from interim and final dividends to special shareholder rewards across banking, IT and retail sectors.
“The Board of Directors have now recommended a final dividend of 13.00 per equity share of 1 for the year ended March 31, 2026. This would be subject to approval of the shareholders at the forthcoming annual general meeting. With this, the total dividend for the year ended March 31, 2026 would be ₹ 15.50 per equity share of ₹1 each for the year ended March 31, 2026. The record date for determining the eligibility of members entitled to receive the said dividend shall be Friday, June 19, 2026,” the company said in an exchange filing on April 18, 2026.
ICICI Bank said, “…we write to inform you that the Board of Directors of ICICI Bank Limited (“the Bank”), at its meeting held today, recommended a dividend of 12/- (Rupees Twelve only) per equity share of face value of ₹ 2/- each, subject to requisite approvals. The dividend on equity shares will be paid after the same is approved by the Members at the ensuing Annual Genera Meeting of the Bank.”
TCS
Tata Consultancy Services (TCS) has recommended a final dividend of Rs 31 per equity share for FY26.
“Further, we would like to inform you that at the Board Meeting held today, the Directors have recommended a Final Dividend of INR 31 per Equity Share of INR 1 each of the Company which shall be paid on the third day from the conclusion of the 31st Annual General Meeting, subject to approval of the shareholders of the Company,” TCS said in an exchange filing.
HCL Tech
HCL Technologies’ board declared an interim dividend of Rs 24 per equity share of Rs 2 each for the Financial Year 2026-27.
“The Board of Directors has declared an Interim Dividend of Rs. 24/- per equity share of Rs. 2/- each of the Company for the Financial Year 2026-27,” the company said in an exchange filing on Tuesday, April 21.
“Recommended a Dividend of 600%, i.e. Rs.6/- per Equity Share of Re. 1/- each. The Dividend, if approved by the Shareholders of the Company, shall be paid on or after the third day from the conclusion of the 74th Annual General Meeting,” Trent said in an exchange filing.
“…we are pleased to inform you that the Board of Directors have recommended a dividend of ₹75/- per equity share of ₹10 each, for the financial year ended March 31, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company,” Tata Elxsi said in an exchange filing on Tuesday, April 21.
“The Board of Directors recommended a final dividend of 17.50 per share [175%] (face value of ₹10/- each) for the financial year ended March 31, 2026. The dividend, if approved at the ensuing Annual General Meeting, shall be paid to eligible shareholders thereafter,” Tata Communications said in an exchange filing.
L&T Technology Services
L&T Technology Services announced a final dividend of Rs 40 per share, rewarding shareholders following its Q4FY26 performance.
“The Board of Directors has recommended a final dividend of Rs. 40/- per equity share of face value of Rs. 2/- each for the financial year ended March 31, 2026. The Company will pay the proposed Final Dividend within 30 days after approval of the shareholders in the ensuing Annual General Meeting,” said the company in an exchange filing on Wednesday.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
