Thursday, 14 June 2018

Infosys trades ex-dividend for Rs 30.50 share

Thus far in the calendar year 2018, Infosys has outperformed the market by surging 24% as compared to 4.5% rise in the S&P BSE Sensex. Shares of Infosys opened 1% higher at Rs 1,259 per share on the BSE, also their new high adjusted to dividend, in otherwise subdued market. The stock of information technology (IT) major has turned ex-dividend for Rs 30.50 per share today. The board of directors of Infosys at their meeting held over April 12-13, 2018, had recommended a final dividend of Rs 20.50 per equity share for the financial year ended March 31, 2018 and special dividend of Rs 10 per equity share.

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