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Infosys declares 220 per cent interim dividend

IANS  |  Bengaluru 

Global software major Ltd on Friday declared an interim dividend of a whopping 220 per cent or Rs 11 per share of Rs 5 face value for the first six months (April-September) of this fiscal (2016-17).

"The board of directors declared an interim dividend of Rs 11 per share. The record date for the interim dividend is October 24 and the payment will be made on October 26," said the IT major in a regulatory filing to the stock exchanges.

In contrast, the company paid Rs 10 per share (200 per cent) interim dividend for the same period of last fiscal (2015-16).

--IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Infosys declares 220 per cent interim dividend

Global software major Infosys Ltd on Friday declared an interim dividend of a whopping 220 per cent or Rs 11 per share of Rs 5 face value for the first six months (April-September) of this fiscal (2016-17).

Global software major Ltd on Friday declared an interim dividend of a whopping 220 per cent or Rs 11 per share of Rs 5 face value for the first six months (April-September) of this fiscal (2016-17).

"The board of directors declared an interim dividend of Rs 11 per share. The record date for the interim dividend is October 24 and the payment will be made on October 26," said the IT major in a regulatory filing to the stock exchanges.

In contrast, the company paid Rs 10 per share (200 per cent) interim dividend for the same period of last fiscal (2015-16).

--IANS

fb/in/vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Infosys declares 220 per cent interim dividend

Global software major Ltd on Friday declared an interim dividend of a whopping 220 per cent or Rs 11 per share of Rs 5 face value for the first six months (April-September) of this fiscal (2016-17).

"The board of directors declared an interim dividend of Rs 11 per share. The record date for the interim dividend is October 24 and the payment will be made on October 26," said the IT major in a regulatory filing to the stock exchanges.

In contrast, the company paid Rs 10 per share (200 per cent) interim dividend for the same period of last fiscal (2015-16).

--IANS

fb/in/vt

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22