Infosys Announces Final Dividend! Check Q4 Quarterly Results 2024, Revenue, Ebitda – Full Earnings Report
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Infosys Dividend 2024 Record Date, Infosys Dividend History, Infosys Q4 2024 Results Today News, Infosys Share Price NSE BSE: Infosys board, at their meeting held on April 17-18, 2024 have recommended a final dividend and special dividend to the shareholders for the financial year ended March 31, 2024.
Infosys Dividend 2024 News
India’s second largest software export announced bumper two dividends for the shareholders – Final and Special dividend of a whopping 560 per cent combined. A dividend amount is always calculated on the face value of a stock and not on the market price. The face value of each stock of Infosys is Rs 5 which translates to a final dividend of Rs 20 per equity share and additionally a special dividend of Rs 8 per equity share for the financial year ended March 31, 2024.
Infosys Dividend 2024 Record Date
The record date for the purpose of payment of final dividend and special dividend is May 31, 2024.
Infosys Dividend 2024 Ex Date, Payment Date
The dividend will be paid on July 1, 2024.
Infosys Q4 2024 Quarterly Results/Earnings Today News
Infosys said its consolidated profit jumped 30 per cent to Rs 7,969 crore in the fourth quarter ended March 2024. The company posted a profit of Rs 6,128 crore in the same period a year ago, according to a regulatory filing. The consolidated revenue of Infosys during the reported quarter increased by 1.3 per cent to Rs 37,923 crore from Rs 37,441 crore in the same quarter a year ago. The company expects a revenue growth of 1-3 per cent in constant currency for financial year 2025. During the financial year ended March 2024, net profit increased by 8.9 per cent to Rs 26,233 crore from Rs 24,095 crore recorded in FY23.
The annual income from operations increased by 4.7 cent to Rs 1,53,670 crore in fiscal year 2024 from Rs 1,46,767 crore a year ago. The company also announced that it will acquire 100 per cent stake in German firm in-tech in an all cash deal for 450 million euros.
Infosys Dividend History
| Ex-Date | Amount (Rs) |
| 25 Oct 2023 | 18 |
| 2 June 2023 | 17.5 |
| 27 Oct 2022 | 16.5 |
| 31 May 2022 | 16 |
| 26 Oct 2021 | 15 |
| 31 May 2021 | 15 |
Infosys Share Price Today News NSE BSE
Infosys stock settled at Rs 1,429.50 apiece on the National Stock Exchange (NSE) in Thursday’s trading session, up by 1.06 per cent from its previous close. Infosys share price has gained after three days of consecutive fall on the day of earnings announcement, outperforming the sector by 0.56 per cent. The counter touched an intraday high of Rs 1444.7 per share, zooming 2.14 per cent from its previous close of Rs 1414.45 a share. The stock is trading lower than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
A total of 7.33 lakh shares changed hands today of Infosys which is a constituent of S&P BSE SENSEX index generating a total turnover of Rs 104.41 crore. The large cap IT company has a market cap of Rs 5,89,651.48 crore, as per BSE website. The shares of the company have a PE of 23.91x. In volume terms, over 221.08 crore shares of the company were traded on the NSE during the day.
Infosys Share Price History
Infosys stock has delivered 12.66 per cent returns in the last 365 days, as per BSE. In the last five years, it moved north of 98.29 per cent.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
