News Business Infosys declares 300 pc interim dividend

Infosys declares 300 pc interim dividend

Bangalore, Oct 12:  Even in hard times, IT bellwether Infosys Ltd has rewarded its investors by declaring a whopping 300 percent interim dividend for first half (June-Sep) of this fiscal (2012-13).In a regulatory filing Friday,

infosys declares 300 pc interim dividend infosys declares 300 pc interim dividend
Bangalore, Oct 12:  Even in hard times, IT bellwether Infosys Ltd has rewarded its investors by declaring a whopping 300 percent interim dividend for first half (June-Sep) of this fiscal (2012-13).



In a regulatory filing Friday, the global software major said it would pay Rs.15 per share of Rs.5 on par value for the period ending Sep 30, same as in the like period of last fiscal (2011-12).

The blue chip firm's scrip, however, lost over seven percent on the Bombay Stock Exchange (BSE) in the first hour of trading at Rs.2,350 at 10a.m. as against Thursday's closing of Rs.2,531.

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