Business
Vedanta, TCS and Anand Rathi Wealth announce mid‑October interim dividends
Reported by Ishita Mukherjee (Staff Writer) · Livemint - Markets ·
Reported by one source so far
Vedanta Limited, Tata Consultancy Services (TCS) and Anand Rathi Wealth Limited have each announced interim dividends with record dates in mid‑October.
What Happened
Vedanta approved a first interim dividend of ₹5 per equity share, amounting to roughly ₹1,955 crore, and set Wednesday, October 14, 2026 as the record date. The stock ended Friday up 4.11% at ₹263.50 on the BSE and has delivered returns of 51% over one year, 47% over two years and 234% over three years. TCS declared a second interim dividend of ₹12 per equity share, also with a face value of ₹1, and fixed the same record date of October 14. The payout is scheduled for Friday, October 30, 2026. TCS shares closed Friday 4.23% higher at ₹2,163 on the BSE, with a market cap of about ₹7,82,592.33 crore, while the price has fallen 29% in one year, 49% in two years and 40% in three years. Anand Rathi Wealth’s board approved an interim dividend of ₹4 per share, representing 80% of its ₹5 face value, and chose Thursday, October 15, 2026 as the record date. The company will pay the dividend 30 days after the announcement. Its stock slipped 4.68% to ₹2,038.70 on the NSE, having risen 38.14% in one year and 331.44% in three years, with a year‑to‑date return of 31.75% in 2026. Investors must hold shares before the respective record dates to receive the payouts.
Context
Dividend announcements like these signal companies’ confidence in cash flow and give investors a predictable income stream, while record dates determine who is eligible for the payment.
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