Indian IT companies have been actively declaring dividends alongside their financial year 2026 earnings, offering substantial payouts to shareholders. Among the notable announcements, LTM Ltd, formerly known as LTIMindtree, recommended a significant final dividend, though other major players like Oracle Financial Services Software (OFSS) and Mphasis have declared even higher per-share amounts.
LTM's Highest-Ever Single Dividend
LTM Ltd. has recommended a final dividend of Rs 53 per equity share for the financial year ended March 31, 2026. This payout, subject to shareholder approval at the company's 30th Annual General Meeting (AGM) on June 1, 2026, marks the highest single dividend announced by the company to date. Combined with an earlier interim dividend of Rs 22 per share for FY26, LTM's total dividend for the year stands at Rs 75 per share.
The record date for determining shareholder eligibility for this final dividend is set for Monday, May 25, 2026. If approved, the dividend is expected to be paid on or before Wednesday, June 10, 2026.
Other Major IT Dividend Announcements
While LTM's dividend is significant, it is not the highest in the broader Indian IT sector for FY26. Oracle Financial Services Software Ltd (OFSS) declared a substantial second interim dividend of Rs 270 per share. Similarly, Mphasis recommended a dividend of Rs 62 per share for the same financial year.
Tata Consultancy Services (TCS) Dividend
Tata Consultancy Services Ltd (TCS) announced a final dividend of Rs 31 per equity share following its Q4 FY26 results. This brings TCS's total dividend payout for the entire financial year to Rs 110 per share. The company has stated that the final dividend, once declared by shareholders at the AGM, will be paid on Friday, June 12, 2026, subject to tax deductions.
Infosys Dividend Payout
Infosys Ltd has recommended a final dividend of Rs 25 per equity share for FY26. This, combined with previous payouts, makes its total dividend amount for the year Rs 48 per share. The record date for the final dividend payment is June 10, 2026, with the actual payment scheduled for June 25, 2026.
Wipro's FY26 Dividend
Wipro Ltd confirmed that its interim dividends of Rs 11 per share, which were previously declared in July 2025 and January 2026, will be considered the final dividend for the financial year 2026.