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. View past three years data now. 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. Infosys has reported a on year revenue growth of 20.3% on-year in INR terms; 10.1% in constant currency terms. Infosys pays an annual dividend of $0.27 per share, with a dividend yield of 1.53%. INFY Dividends. It has also announced a special dividend of Rs 4 per share. 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. Infosys to discuss share buyback, special dividend at Jan 11 board meet . Like us on Facebook and follow us on Twitter. 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. 2021The Indian Express [P] Ltd. All Rights Reserved. Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Infosys announces dividend of Rs 10.50 per share. Infosys share price, dividend news, stock price, latest news, share price today, share … In fiscal year 2019, Infosys' dividend per share amounted to 21.5 Indian rupees. Get details of Infosys per share data on standalone basis including EPS, dividend declared per share and book value. Infosys Board To Consider Share Buyback, Special Dividend. 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 market’s Top Gainers, Top Losers & Best Equity Funds. Infosys Dividend Ex Date & Record Date Declared in June 2019 - Latest Stock News. Choose your winners rationally in 3 simple steps! The firm has also approved 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. The firm also announced a buyback under open market route of Rs 8,260 crore at a Maximum price of Rs 800 per share. Close: You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and … Infosys Q4 profit grows 11% YoY to Rs 4,078 crore, beats Street estimates. -Infosys announced, for fiscal 2019, ... amounting to approximately $1.18 billion at a price not exceeding approximately $11.46 per share. 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. At the current share price of Rs 1277.95, this results in a dividend yield of 1.68%. 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. 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 ‘SheshNaag’ train; Watch video. (File Photo) Allaying fears of investors, Bengaluru-based tech giant Infosys on Saturday said the investments made over the … Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion, ICICI Prudential Bluechip Fund Direct-Growth. 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. The record date for the interim dividend has been … Tomorrow is different. InfosysÂ, , in the Oct-Dec quarter. Infosys shares were trading marginally changed at Rs 672.85, up 0.42 per cent on … Bengaluru-based IT major Infosys has announced an interim dividend of Rs 8 per share for its shareholders. 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. 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. Prashant Kumar answers, Multibagger stock! Infosys also announced a buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 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. Choose your reason below and click on the Report button. Includes DocuBay and TimesPrime Membership worth ₹1499 & ₹999 resp. Financial Express is now on Telegram. 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. What's making India stand tall when the world frets over earnings? Infosys's most recent semi-annual dividend was $0.15 declared April 25th and payable June 13th. The 9 months revenues grew by 16.6% in INR terms; and 8.1% in constant currency terms. 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? Business | Indo-Asian News Service | Tuesday January 8, 2019 . 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? Download The Economic Times News App to get Daily Market Updates & Live Business News. For the year ending March 2020 Infosys has declared an equity dividend of 350.00% amounting to Rs 17.5 per share. See all forthcoming dividends Check out stocks with top dividend. The Board approved a special dividend … Infosys creates 36% return for shareholders in FY19 1 min read. The net profit implies a minor miss as compared to CNBC Tv18 poll of Rs 4,115 crore. Dividend.com: The #1 Source For Dividend Investing. 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. 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. buyback under open market route of Rs 8,260 crore at a maximum price of Rs 800 per share.  The firm has also announced a special dividend of Rs 4 per share. Infosys had completed its maiden buyback of … Infosys also announced an interim dividend of Rs 8 per equity share. The total revenues came in 20.3% higher at Rs 21,400 crore. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Your Reason has been Reported to the admin. Share buybacks improve earnings per share and return surplus cash to shareholders, while also supporting share price during periods of sluggish market conditions. In the past 12 months, Infosys Ltd. has declared an equity dividend amounting to Rs 21.50 per share. The company has fixed October 23, 2019 as record date for interim dividend and October 30, 2019 as the payment date This will alert our moderators to take action. Days Trial You must accept new terms of service and privacy policy; Details, Provident Fund 2021: Special Deposit Scheme interest rate for Non-Government PF, Gratuity Funds notified, Stocks to buy in 2021: ICICI Bank, HDFC, among 9 shares that may rally over 55% on economic recovery, Indian Railways Train cancellation refund: Big update for passengers, Railways extends time limit for claims, Impasse: Government says no to repeal of laws, farmers firm, ‘Developing nation’: India for voluntary forgoing of benefits, Need to think beyond minimum support prices, Tata Consultancy Services posts strongest growth in 9 years, RBI returns to revised liquidity management framework, India only nation to keep commitments on climate change: Javadekar, Economists ask PM for simpler GST, accelerated privatisation, DHFL FD holders plan to vote against resolution on distribution mechanism, 'Doubled disbursement in Q3 sequentially, momentum sustainable': YS Chakravarti, MD & CEO, Shriram City Union Finance, Copyright © This statistic illustrates the dividend per share of Infosys Limited from fiscal year 2015 to fiscal year 2019. April 12, 2019. INFY's most recent semi annually dividend payment was made to shareholders of record on Friday, October 23. The Q3 19 revenues grew sequentially by 3.8% in INR terms; and 2.7% in constant currency terms. 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. Infosys announced a special dividend of Rs 4 per share. 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. 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. Updated: 22 Jun 2019, 07:55 PM IST IANS. 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. PTI New Delhi | Updated on January 08, 2019 Published on January 08, ... 2019,” Infosys said in a BSE filing. 15 Let's reshape it today, Hunt for the brightest engineers in India, Read Stock Insights by ET for a quick analysis. For reprint rights: This information is incorrect and should be revoked... Inciting hatred against a certain community, 15 Ashish Kacholia, Dhawan stayed put on their biggest bet in Q3. 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. Infosys has announced an interim dividend of Rs12 per equity share, while presenting the financial performance for the quarter ending September 2020 (Q2FY21) period. 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%. 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