Shares in IT giant Tata Consultancy Services (TCS) will go ex-dividend today. The IT major had declared an interim dividend of Rs 8 per share and a special dividend of Rs 67 per share.

The record date for both dividends is January 17. Dividends will be paid to shareholders whose names appear on the company’s register of members or depositary of record as beneficial owners of the shares as of Tuesday. Both dividends will be paid to eligible shareholders on February 3.

TCS’ dividend yield was 1.27% as of Friday’s close, below Wipro’s 1.52%, according to the company database AceEquity. This is also lower than Tech Mahindra’s 4.49%, HCL Technologies’ 3.9% and Infosys’ 2.06%.

TCS declared a total dividend of Rs 43 per share (yielding 1.15%) for FY22, totalling Rs 7,686 crore. Wipro has declared a dividend of Rs 6 per share for FY22, totalling Rs 3,289 crore, according to AceEquity. Its dividend yield is 1.01%.

According to AceEquity, Infosys is worth Rs 31 per share (yielding 1.63%) for a total of Rs 6,309 crore. HCL Tech paid a total dividend of Rs 42 per share (yielding 3.61%) for the whole year, totalling Rs 1,139.1 crore.

For FY21, TCS declared a gross dividend of Rs 38 per share; it announced a gross dividend of Rs 73 per share for FY20, Rs 30 per share for FY19, Rs 50 per share for FY18 and Rs 47 per share for FY17, at Rs 43.50 per share in FY16.

Meanwhile, peer HCL Technologies declared an interim dividend of Rs 10 per share for FY23, which the IT major said was its 80th consecutive (20-year) dividend payout. It declared an interim dividend of Rs 10 per share for the first two quarters. On the other hand, Wipro declared an interim dividend of Re 1 per share. Infosys did not report any dividends.

For the December quarter, TCS reported an 11% year-on-year rise in profit to Rs 10,846 crore compared to Rs 9,769 crore a year earlier.

Revenue for the quarter rose 19.10% year-on-year to Rs 58,229 crore from Rs 48,885 crore a year earlier. On a constant currency basis, revenue grew 13.5% year-over-year.