Infosys declares 160% interim dividend


(IANS) Global software vendor Infosys on Friday declared an interim dividend of Rs 8 per share of Rs 5 face value, or 160 percent, for its investors, including founders, promoters, and employees in fiscal 2019-20.

“The board of directors has recommended an interim dividend of Rs 8 per share or 160 percent of its Rs 5 face value,” it said in a regulatory filing on the BSE.

Infosys gave Rs 7 per share or 140 percent interim divided a year ago for the first half of fiscal 2018-19.

The company’s blue-chip scrip gained Rs 32.80 per share at the end of Friday”s trading on the BSE, closing at Rs 815.70 as against Rs 782.90 Thursday”s closing rate and Rs 785.98 open price earlier in the day.

The scrip touched a high of Rs 823.95 and a low of Rs 777 during the intra-day trading session.

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