Infosys is an Indian multinational IT company that was founded on 2 July 1981 by N. R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, N. S. Raghavan, Ashok Arora. Infosys headquarter is in Bangalore, Karnataka, India.
The key services offered by Infosys are IT Services, Consulting, Outsourcing, managed Services.
A dividend is a small form of payment given out of the profits to shareholders of a company as a form of gratitude. They are nowadays considered an important test to see the company’s strength and determine the enterprise as a stable corporation.
They have even become a form of secondary income for investors that want a maximum return from their portfolio. This article will cover everything you need to know about dividends before buying shares of a company.
Infosys Dividend History
|Announcement Date||Dividend (Rs)||Dividend Type||Dividend (%)||Ex-Date|
|October 13, 2021||15||Interim||300||October 26, 2021|
|April 15, 2021||15||Final||300||May 31, 2021|
|October 14, 2020||12||Interim||240||October 23, 2020|
|April 20, 2020||9.5||Final||190||May 29, 2020|
|October 11, 2019||8||Interim||160||October 23, 2019|
|April 12, 2019||10.5||Final||210||June 13, 2019|
|January 11, 2019||4||Special||80||January 24, 2019|
|October 16, 2018||7||Interim||140||October 25, 2018|
|April 12, 2018||20.5||Final||410||June 14, 2018|
|April 13, 2018||10||Special||200||June 14, 2018|
|October 10, 2017||13||Interim||260||October 31, 2017|
|April 13, 2017||14.75||Final||295||June 1, 2017|
|September 16, 2016||11||Interim||220||October 21, 2016|
|April 15, 2016||14.25||Final||285||June 9, 2016|
|September 15, 2015||10||Interim||200||October 16, 2015|
|April 24, 2015||29.5||Final||590||June 15, 2015|
|August 28, 2014||30||Interim||600||October 16, 2014|
|April 15, 2014||43||Final||860||May 29, 2014|
|September 26, 2013||20||Interim||400||October 17, 2013|
|April 12, 2013||27||Final||540||May 30, 2013|
|September 24, 2012||15||Interim||300||October 18, 2012|
|April 13, 2012||32||Final||640||May 24, 2012|
|September 22, 2011||15||Interim||300||October 20, 2011|
|April 15, 2011||20||Final||400||May 26, 2011|
|September 29, 2010||40||Interim||800||October 21, 2010|
|April 13, 2010||15||Final||300||May 26, 2010|
|September 22, 2009||10||Interim||200||October 15, 2009|
|April 15, 2009||13.5||Final||270||June 4, 2009|
|September 25, 2008||10||Interim||200||October 16, 2008|
|April 15, 2008||27.25||Final||545||May 29, 2008|
|September 26, 2007||6||Interim||120||October 18, 2007|
|April 13, 2007||6.5||Final||130||June 6, 2007|
|September 28, 2006||5||Interim||100||October 19, 2006|
|April 14, 2006||38.5||Final||770||May 25, 2006|
|September 23, 2005||6.5||Interim||130||October 17, 2005|
|April 14, 2005||6.5||Final||130||June 1, 2005|
|October 1, 2004||5||Interim||100||October 18, 2004|
|April 13, 2004||115||Final||2300||May 26, 2004|
|September 17, 2003||14.5||Interim||290||October 16, 2003|
|April 10, 2003||14.5||Final||290||May 28, 2003|
|September 30, 2002||0||Interim||250||October 30, 2002|
|April 10, 2002||12.5||Final||250||May 21, 2002|
|October 5, 2001||0||Interim||150||October 18, 2001|
|April 11, 2001||0||Final||150||April 27, 2001|
|October 10, 2000||0||Interim||50||October 25, 2000|
The First time Infosys gave dividends in 2001 of Rs. 12.5. For the last 10 years, Infosys is giving dividends every year. Infosys has a good track record of giving dividends.
Is Dividend Good For The Company?
Yes, a dividend is good for the company because it makes it more attractive to the shareholders. The return of profits can be seen as a thank you note for the investors to trust the company. Dividends are a strong sign that the company’s balance sheet is strong and positive.
Companies that pay dividends with consistent returns tend to be highly valued stocks with high market share rates. High stock price means larger market capitalization, and the company has a larger credit score to take on debt.
Who Is Eligible For A Dividend?
Any shareholder owns a company’s stock for more than one business day before the ex-date dividends are paid out.
How Do Dividends Get Paid?
Dividends are paid to the shareholder through a cheque that the shareholder can encash. A shareholder can also apply to receive the dividends in the form of additional company stocks. The stock-based Dividend is called a DRIP (Dividend Return Investment Plans) and is considered an additional investment.
Why Do Companies Not Pay Dividends?
Small companies or startups do not pay dividends to their shareholders because they tend to be growing firms. They need many investments to fuel the expansion and become bigger as a company. Only highly well-established companies with no need for investment for future expansion tend to pay dividends.
What Is The Dividend Announcement Date?
The company management comes together to announce when the company will pay dividends to the shareholders. The data then has to be approved by the shareholders before encashing their dividend cheques.
Types Of Dividend
There are three types of Dividends that shareholders can receive-
- Cash Dividends: You can receive these in the electronic transfer or the form of a cheque.
- Property Dividends: A shareholder can receive one of the company’s assets as a form of property dividends.
- Stock Dividends: These are additional stocks issued to the shareholder as a form of dividend return.
What Is The Ex-Date Of The Dividend?
The ex-date of the Dividend refers to the specific date before which a new shareholder must apply for a Dividend. If the shareholder buys the stock on the day or the ex-date of the Dividend, the seller will get a dividend. It is essentially a deadline for the new shareholders to come on board to get a dividend.