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Priyam Mehta

11th May · SEBI-Registered Analyst

TCS
Dividend announcements from the Indian IT pack have remained in focus as several technology companies declared shareholder payouts along with their FY26 results. Among them, LTM Limited, formerly known as LTIMindtree Limited, has drawn attention after recommending a final dividend of Rs 53 per equity share for the financial year ended March 31, 2026. The company has fixed Monday, May 25, 2026 as the record date to determine the eligibility of shareholders for the final dividend. The payout is subject to approval by shareholders at the company’s 30th Annual General Meeting, scheduled on Monday, June 1, 2026. If approved, the dividend will be paid on or before Wednesday, June 10, 2026, according to the company’s AGM notice. LTM Announces Its Highest-Ever Single Dividend of Rs 53 Per Share LTM’s latest dividend also stands out in the company’s own dividend history. As per the official dividend data available, the Rs 53 per share final dividend for FY26 is the highest single dividend announced by the company in the available dividend history. Earlier, the company had declared an interim dividend of Rs 22 per share for FY26, taking the total dividend for the year to Rs 75 per share. However, it is important to note that while LTM’s dividend is among the notable payouts in the IT space, it is not the highest recent dividend across the broader Indian IT pack. Oracle Financial Services Software announced a second interim dividend of Rs 270 per share, while Mphasis recommended a dividend of Rs 62 per share for FY26.

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