Infosys gives 200% interim dividend | business | Hindustan Times
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Infosys gives 200% interim dividend

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

business Updated: Oct 12, 2015 14:57 IST
The half-yearly dividend, however, is 400 % less than 600 % or Rs 30 per share the company gave for same period last fiscal (2014-15).
The half-yearly dividend, however, is 400 % less than 600 % or Rs 30 per share the company gave for same period last fiscal (2014-15).(Reuters File Photo)

Software major Infosys Ltd on Monday announced 200 % 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 % less than 600 % 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).