TCS, Infosys or HDFC Bank: Which company has the best history of rewarding its shareholders?

Dividend Stocks, TCS or Infosys or HDFC Bank dividend 2023: A dividend is paid by a company as a reward for investment in the business to its shareholders. The rise in dividend payout gives confidence to the shareholders that the earnings are real. Check out — TCS or Infosys or HDFC Bank: which company has a better history of giving dividend to its investors in last 5 years.

Dividend Stocks: A dividend serves as a barometer of a company's health. Image: Pixabay

Dividend stocks, TCS, Infosys, HDFC Bank payout history: Last week, the bluest of blue-chip companies, HDFC Bank, Tata Consultancy Services and Infosys, announced dividends to the tune of 350-2,400 per cent. Corporate action such as a dividend allows a listed company to reward its shareholders. A dividend serves as a barometer of a company's health.

Here's a comparison of the the history of dividend announcements by the three Nifty50 companies in the past five years:

TCS, Infosys, HDFC Bank dividends

TCS announced a final dividend of Rs 24 per equity share — the Tata group IT major's fifth dividend announcement in the past one year; the dividend to be paid on the fourth day from the conclusion of its 28th AGM
Infosys (INFY) announced a final dividend of Rs 17.5 per equity share, its third dividend announcement in the past one year; June 2 fixed as record date, payment date July 3
HDFC Bank announced a Rs 19 per share dividend; May 16 fixed as record date

Infosys dividend history

Infosys has announced 14 dividends in the past five years, including the latest payout.

Dividend announcement date	Dividend in rupees	Dividend in %	Dividend type	Dividend ex-date
April 13, 2023	17.5	350	Final	-
October 13, 2022	16.5	330	Interim	October 27, 2022
April 13, 2022	16	320	Final	May 31, 2022
October 13, 2021	15	300	Interim	October 26, 2021
April 15, 2021	15	300	Final	May 31, 2021
October 14, 2020	12	240	Interim	October 23, 2020
April 20, 2020	9.5	190	Final	May 29, 2020
October 11, 2019	8	160	Interim	October 23, 2019
April 12, 2019	10.5	210	Final	June 13, 2019
January 11, 2019	4	80	Special	January 24, 2019
October 16, 2018	7	140	Interim	October 25, 2018
April 12, 2018	20.5	410	Final	June 14, 2018
April 13, 2018	10	200	Special	June 14, 2018

Also read- Top dividend stock: Seven companies that have rewarded investors with up to 2050% dividend recently

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TCS dividend history

The Tata group IT major has announced about two dozen dividends in the five-year period.

Dividend announcement date	Dividend in rupees	Dividend in %	Dividend type	Ex-date
Jan 9, 2023	67	6,700	Special	Jan 16, 2023
Dec 30, 2022	8	800	Interim	Jan 16, 2023
Oct 10, 2022	8	800	Interim	Oct 17, 2022
June 30, 2022	8	800	Interim	July 14, 2022
Apt 11, 2022	22	2,200	Final	May 25, 2022
Dec 31, 2021	7	700	Interim	Jan 19, 2022
Sept 30, 2021	7	700	Interim	Oct 14, 2021
June 30, 2021	7	700	Interim	July 15, 2021
Apr 12, 2021	15	1,500	Final	May 25, 2021
Dec 31, 2020	6	600	Interim	Jan 14, 2021
Sept 30, 2020	12	1,200	Interim	Oct 14, 2020
June 30, 2020	5	500	Interim	July 16, 2020
Apr 16, 2020	6	600	Interim	June 3, 2020
Mar 11, 2020	12	1,200	Interim	Mar 19, 2020
Jan 10, 2020	5	500	Interim	Jan 23, 2020
Sept 30, 2019	5	500	Interim	Oct 17, 2019
Oct 10, 2019	40	4,000	Special	Oct 17, 2019
June 28, 2019	5	500	Interim	July 16, 2019
Apr 12, 2019	18	1,800	Final	June 4, 2019
Dec 31, 2018	4	400	Interim	Jan 17, 2019
Oct 11, 2018	4	400	Interim	Oct 23, 2018
June 29, 2018	4	400	Interim	July 17, 2018
Apr 19, 2018	29	2,900	Final	May 31, 2018
Jan 11, 2018	7	700	Interim	Jan 22, 2018

HDFC Bank dividend history

Dividend announcement date	Dividend amount (Rs)	Dividend %	Dividend Type	Ex-date
April 23, 2022	15.5	1,550	Final	May 12, 2022
June 18, 2021	6.5	650	Final	June 29, 2021
July 22, 2019	5	250	Special	August 1, 2019
April 22, 2019	15	750	Final	June 20, 2019
April 23, 2018	13	650	Final	May 31, 2018

ALSO READ: HDFC Bank Q4 profit, NII growth miss analysts' estimates; what brokerages suggest

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