The company reported 10.51 per cent year-on-year rise in consolidated profit at Rs 4,078 crore for March quarter under review against Rs 3,690 crore last year. India’s major IT behemoth Infosys has approved a special dividend of Rs 4 per share, and also announced buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share. 1) Infosys Technologies just paid a dividend of $3.00 per share, and that dividend is expected to grow at a rate of 14% for at least the next few years. Notably, the IT major is the second firm to report quarterly results in this quarter from the information technology pack, after India’s largest IT firm TCS reported Q3 results yesterday. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 3.9. The total revenues came in 20.3% higher at Rs 21,400 crore. +Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. INFY Dividends. Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Infosys announces dividend of Rs 10.50 per share. India's major IT behemoth Infosys has approved a special dividend of Rs 4 per share, and also announced buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share. What's making India stand tall when the world frets over earnings? The firm also announced a buyback under open market route of Rs 8,260 crore at a Maximum price of Rs 800 per share. This statistic illustrates the dividend per share of Infosys Limited from fiscal year 2015 to fiscal year 2019. Infosys Board To Consider Share Buyback, Special Dividend. View past three years data now. In fiscal year 2019, Infosys' dividend per share amounted to 21.5 Indian rupees. Bengaluru-based IT major Infosys has announced an interim dividend of Rs 8 per share for its shareholders. Global software Infosys board on Friday recommended a final dividend of 210 per cent or Rs 10.50 per share of Rs 5 face value. InfosysÂ, , in the Oct-Dec quarter. The Q3 19 revenues grew sequentially by 3.8% in INR terms; and 2.7% in constant currency terms. Wipro’s crosstown peer Infosys Ltd. announced a buyback of 10.3 crore shares and a special dividend for … Close: You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and … The firm also announced a buyback under open market route of Rs 8,260 crore at a Maximum price of Rs 800 per share. It has also announced a special dividend of Rs 4 per share. In depth view into Infosys Dividend Per Share (10 Year Growth) including historical data from 1999, charts, stats and industry comps. You still need to file income tax return in these cases, Sell TCS, Bajaj Finance, other Nifty, Next 50 shares even as these benchmarks hit new 52-week highs, Want to continue using WhatsApp? (File Photo) Allaying fears of investors, Bengaluru-based tech giant Infosys on Saturday said the investments made over the … Days Trial For reprint rights: This information is incorrect and should be revoked... Inciting hatred against a certain community, 15 The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 11.95% each year. Dividend.com: The #1 Source For Dividend Investing. Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, ICICI Prudential Bluechip Fund Direct-Growth. The company also announced a share buyback worth Rs 8,260 crore under open market route at a maximum price of Rs 800 per share. INFY's most recent semi annually dividend payment was made to shareholders of record on Friday, October 23. Like us on Facebook and follow us on Twitter. April 12, 2019. 15 This was done through a special dividend of Rs 10 per share that was to result in a payout of about Rs 2,600 crore in June 2018. Infosys dividend 2019 “The board of directors in their meeting on October 11, 2019, declared an interim dividend of Rs 8 per equity share (approximately $0.11 per equity share) which would result in a net cash outflow of approximately Rs 4,092 crore ($577 million) excluding dividend paid on treasury shares and including dividend distribution tax,” Infosys said in a statement on October 11, 2019. The Board of Directors of Infosys Limited in their meeting held on October 14, 2020 has declared an interim dividend of Rs.12/- per equity share. Tomorrow is different. In April last year, Infosys board had said it had identified an amount of up to Rs 13,000 crore to be paid to shareholders. Infosys's most recent semi-annual dividend was $0.15 declared April 25th and payable June 13th. 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 recommended a final dividend of ?10.50/- per equity share for the financial year ended March 31, 2019 in their Board meeting held today i.e. In the earnings release, the Bengaluru-based Infosys Ltd declared a dividend payout of Rs 20.5 per equity share of face value of Rs 5. Upcoming IPOs in 2021: LIC, IRFC, Zomato, other public issues on cards; will IPO bull run continue in 2021? Updated: 22 Jun 2019, 07:55 PM IST IANS. Prashant Kumar answers, Multibagger stock! Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Market HIGHLIGHTS: Sensex ends at record closing high, Nifty near 14,350; Maruti, Tech Mahindra zoom over 5%, Don't have taxable income? Infosys Q4 profit grows 11% YoY to Rs 4,078 crore, beats Street estimates. Assuming Infosys's stock trades in the range of $8.00 to $12.00 this year, Infosys's recent $10.63 price could rise by $1.25 and go to $11.88 by early-June, 2020. 2021The Indian Express [P] Ltd. All Rights Reserved.  The firm has also announced a special dividend of Rs 4 per share. In the past 12 months, Infosys Ltd. has declared an equity dividend amounting to Rs 21.50 per share. If we assume that this growth rate will continue forever (in perpetuity), then the Discounted Dividend Model (DDM) tells us that the value of this stock is negative at a discount rate of 9%. Infosys pays an annual dividend of $0.27 per share, with a dividend yield of 1.53%. PTI New Delhi | Updated on January 08, 2019 Published on January 08, ... 2019,” Infosys said in a BSE filing. As it is important for the Company to receive the relevant information from shareholders to determine the rate of tax deduction, the Company has sent out communications to shareholders as per the classification given below (please click below hyperlink for … Infosys has reported a on year revenue growth of 20.3% on-year in INR terms; 10.1% in constant currency terms. The 9 months revenues grew by 16.6% in INR terms; and 8.1% in constant currency terms. Download The Economic Times News App to get Daily Market Updates & Live Business News. At the current share price of Rs 1277.95, this results in a dividend yield of 1.68%. Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. 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Infosys Technologies Ltd. Dividend policy Active Price as of: JAN 05, 02:46 PM EDT $17.65 +0.4 +2.32% INFY: NYSE (Stock) Infosys Technologies Ltd. Dividend … Infosys also announced a buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share. The digital revenues came in at $942 million (31.5% of total revenues), implying an on-year growth of 33.1% and sequential growth of 5.0% in constant currency terms. Infosys had completed its maiden buyback of … Infosys creates 36% return for shareholders in FY19 1 min read. buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share. Infosys has announced an interim dividend of Rs12 per equity share, while presenting the financial performance for the quarter ending September 2020 (Q2FY21) period. Infosys has reported Q3 results below street estimates as net profit came in 12% down at Rs 3,609 crore, in the Oct-Dec quarter. Choose your winners rationally in 3 simple steps! The firm has revised the FY 19 revenue guidance in constant currency upward to 8.5%-9.0%; and retained the Operating margin guidance at 22%-24%. Business | Indo-Asian News Service | Tuesday January 8, 2019 . Ladakh LAC standoff: India Army has created catch-22 situation for the Chinese, says an expert, Indian Railways creates new record with longest-ever 2.8 km long âSheshNaagâ train; Watch video. Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know marketâs Top Gainers, Top Losers & Best Equity Funds. The firm has also approved a special dividend of Rs 4 per share. Infosys, India’s second-largest IT services company, is all set to consider a share buyback programme and a special dividend in its board meeting scheduled to be held on Friday, January 11, 2019. Nilekani said the total dividend payout for 2019 was Rs 8,120 crore coupled with an interim dividend of Rs 8 per share paid in October 2019. Infosys today announced it Q4 earnings (MINT_PRINT) Infosys net profit at ₹ 4321 crore in Q4, announces dividend of ₹ 9.5/share 1 min read. The Board approved a special dividend … Share buybacks improve earnings per share and return surplus cash to shareholders, while also supporting share price during periods of sluggish market conditions. The Infosys board has also approved buyback of shares worth up to Rs 8,260 crore at a maximum price of Rs 800 per share. The record date for the interim dividend has been … Get details of Infosys per share data on standalone basis including EPS, dividend declared per share and book value. Infosys, country’s second-largest IT major, on Friday recommended a final dividend of Rs 10.50 per share for the financial year ended March 31. Reason why educators are using this for assessment, Elon Musk surpasses Jeff Bezos as world’s richest person, Over 3-5 years, Reliance can beat Sensex, Nifty, Rakesh Jhunjhunwala's Rs 7,600 crore bet paying off as Titan's growth phase kicks in, Is YES Bank's turnaround story complete? Choose your reason below and click on the Report button. The net profit implies a minor miss as compared to CNBC Tv18 poll of Rs 4,115 crore. Your Reason has been Reported to the admin. Days Trial. Ashish Kacholia, Dhawan stayed put on their biggest bet in Q3. Let's reshape it today, Hunt for the brightest engineers in India, Read Stock Insights by ET for a quick analysis. Infosys Dividend Ex Date & Record Date Declared in June 2019 - Latest Stock News. Notably, the IT major is the second firm to report quarterly results in this quarter from the information technology pack, after India’s largest IT firm, Infosys Q3 results 2019 Firm announces dividend of Rs 4 share buyback of up to Rs 8260 crore, DHFL FD holders plan to vote against resolution on distribution mechanism, TCS posts stellar numbers in Q3, net profit up 3.2% quarter-on-quarter, Tata Steel’s sales momentum continues as Q3 production grows 3% Y-o-Y, Sun Pharmaceutical Industries Share Price, This website follows the DNPAâs code of conduct. See all forthcoming dividends Check out stocks with top dividend. Infosys announced a special dividend of Rs 4 per share. For the year ending March 2020 Infosys has declared an equity dividend of 350.00% amounting to Rs 17.5 per share. Infosys shares were trading marginally changed at Rs 672.85, up 0.42 per cent on … Click here to join our channel and stay updated with the latest Biz news and updates. Why follow tips? 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