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Infosys declares 160% interim dividend

Infosys declares 160% interim dividend

Bengaluru, Oct 11 (SocialNews.XYZ) Global software vendor Infosys on Friday declared an interim dividend of Rs 8 per share of Rs 5 face value, or 160 per cent, 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 per cent of its Rs 5 face value," it said in a regulatory filing on the BSE.

Infosys gave Rs 7 per share or 140 per cent 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.

Source: IANS

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Infosys declares 160% interim dividend

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

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