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Infosys gives 200 percent interim dividend

Bengaluru: 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
IANS October 12, 2015 11:48 IST
IANS

Bengaluru: 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.

Also Read: Infosys Q2 Net up 9.8 pc to Rs 3,398 cr

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