Infosys gives 200 percent interim dividend


Bengaluru, Oct 12 (IANS): Software major Infosys Ltd on Monday announced 200 percent interim dividend or Rs.10 for each share of Rs.5 at par for first six months (April-September) of this fiscal (2015-16).

"The board of directors declared an interim dividend of Rs.10 per share. The record date for payment of dividend is October 19," the company said in a statement here, while announcing its financial results for second quarter (April-September) of this fiscal.

The half-yearly dividend, however, is 400 percent less than 600 percent or Rs.30 per share the company gave for same period last fiscal (2014-15).

The blue-chip firm also gave one bonus share for every share after 15 years or 1:1 stock dividend of American Depositary Shares (ADS) to its global investors and increased its liquidity or floating shares on the bourses.

The company's ADS are listed and traded on the New York Stock Exchange (NYSE).

  

Top Stories


Leave a Comment

Title: Infosys gives 200 percent interim dividend



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.