Whalesbook
IT Firms Detail Shareholder Payouts for Q4
This earnings season highlights how major Indian IT companies are returning capital to shareholders. Following announcements from Tata Consultancy Services, Wipro, and HCL Technologies, investors are reviewing dividend yields and payout strategies.
TCS Recommends Final Dividend
Tata Consultancy Services, India's largest IT services provider, recommended a final dividend of ₹31 per equity share for fiscal year 2026. This payout requires shareholder approval at the upcoming Annual General Meeting.
Wipro Combines Dividend with Major Share Buyback
Wipro declared a total interim dividend of ₹11 per share for FY26 as its final distribution. Additionally, the company announced a ₹15,000 crore share buyback program, offering shareholders returns through both dividends and share repurchases.
HCLTech Declares Dividend for FY27
HCL Technologies announced an interim dividend of ₹24 per equity share. The record date for this payout is April 25, 2026, with payment scheduled for May 5, 2026, for the financial year 2027.
Stock Performance Trends
Share performance shows variation. Tata Consultancy Services shares are down over 2% in the last five days and about 22% year-to-date in 2026. Wipro's stock fell about 4% in five days but is up 8% over the past month, though down roughly 24% year-to-date. HCL Technologies shares declined nearly 11% in five days and 5% over the past month, with a 21% year-to-date drop in 2026.