Infosys Dividend 2024 Record Date, Infosys Dividend Announcement: Infosys is all set to announce dividend for its shareholders. The company is likely to announce dividend in its Q4 result or quarterly result. Infosys Q4 result will be announced next month. Infosys dividend record date, ex-date and payment date will also be announced.
Infosys is the country’s second largest IT company.
A dividend is a reward that a company pays to its shareholders for their investment in the business. A dividend is always calculated and paid on the face value of each equity share. The current face value of each stock of Infosys is Rs 5.
Infosys Q4 Result Date, Time
The company has said that its board will meet in April to approve the result for the period ended March 2024. Infosys board meeting is scheduled on April 18. The quarterly earnings will likely be released by the company after market hours.
Infosys Dividend 2024 Announcement
Infosys board will also take up a proposal to recommend dividend to its shareholders in the same meeting.
“Infosys Limited has informed BSE about Board Meeting to be held on April 18 to consider financial statements for the period ended March 2024. Financial results / Dividend,” according to a company statement uploaded on BSE.
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Infosys Dividend 2024 Record Date
Infosys didn’t inform about the dividend record date in its latest filing. Infosys dividend ex-date, record date and payment date will be most likely announce by the board when its meets on April 18.
A record date is a day that allows a company to determine the eligibility of shareholders’ participation in the next dividend or upcoming corporate action.
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Infosys Dividend History
According to BSE website, Infosys in 2023 paid dividend twice to its investors — Rs 18 in October and Rs 17.50 in June. The company paid dividend on two occasions in 2022 Rs 16.50 in October and Rs 16 in May.
Back in 2021, the IT company had rewarded its investors by paying Rs 15 as dividend twice in October and May. In 2020, the Bengaluru headquartered firm had distributed a dividend of Rs 21.50 on each share.
Infosys shares have a 52-week range of Rs 1,731 – Rs 1,215.45. The company commands a market cap of Rs 6,22,117.38 crore as on March 29, as per BSE website.
