Tata Communications dividend record date today; shares to trade ex-date

Tata Communications dividend 2023: Shares of Tata Communications — a telecommunications company — traded ex-dividend on Monday, June 26. June 26 has also been fixed as the record date for the final dividend.

Tata Communications dividend 2023: Shares of Tata Communications traded ex-dividend on Monday. Image: Official website

Tata Communications dividend record date 2023, Tata Communications dividend 2023: Shares of Tata Communications — a telecommunications company — traded ex-dividend on Monday, June 26. June 26 has also been fixed as the record date for the final dividend. Tata Communications shares opened at Rs 1,547.5, down from Friday's session's close of 1,560.85 on NSE after dividend adjustments. At the time of writing the copy, the stock traded was trading near the day's high of Rs 1,556.7 at Rs 1,555, up by Rs 15.15 or 0.98 per cent on NSE.

The Tata Group company recommended a final dividend of Rs 21 per share of the face value of Rs 10 each for the financial year ended March 31, 2023. The final dividend upon approval of the shareholders, shall be paid to eligible shareholders after conclusion of the ensuing Annual General Meeting (AGM) as per the company's communique. The 37th AGM of the members of Tata Communications Limited is scheduled to be held on Tuesday, July 18, 2023, virtually.

Tata Communications dividend history

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Source: NSE

Tata Communications shares: Past performance

Tata Communications's stock has rewarded investors with a return of nearly 68 per cent in the last year (June 27, 2022) as against a rise of nearly 18 per cent in the benchmark Nifty index.

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