Infosys Dividend History

infosys Dividend History

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 DateDividend (Rs)Dividend TypeDividend (%)Ex-Date
October 13, 202115Interim300October 26, 2021
April 15, 202115Final300May 31, 2021
October 14, 202012Interim240October 23, 2020
April 20, 20209.5Final190May 29, 2020
October 11, 20198Interim160October 23, 2019
April 12, 201910.5Final210June 13, 2019
January 11, 20194Special80January 24, 2019
October 16, 20187Interim140October 25, 2018
April 12, 201820.5Final410June 14, 2018
April 13, 201810Special200June 14, 2018
October 10, 201713Interim260October 31, 2017
April 13, 201714.75Final295June 1, 2017
September 16, 201611Interim220October 21, 2016
April 15, 201614.25Final285June 9, 2016
September 15, 201510Interim200October 16, 2015
April 24, 201529.5Final590June 15, 2015
August 28, 201430Interim600October 16, 2014
April 15, 201443Final860May 29, 2014
September 26, 201320Interim400October 17, 2013
April 12, 201327Final540May 30, 2013
September 24, 201215Interim300October 18, 2012
April 13, 201232Final640May 24, 2012
September 22, 201115Interim300October 20, 2011
April 15, 201120Final400May 26, 2011
September 29, 201040Interim800October 21, 2010
April 13, 201015Final300May 26, 2010
September 22, 200910Interim200October 15, 2009
April 15, 200913.5Final270June 4, 2009
September 25, 200810Interim200October 16, 2008
April 15, 200827.25Final545May 29, 2008
September 26, 20076Interim120October 18, 2007
April 13, 20076.5Final130June 6, 2007
September 28, 20065Interim100October 19, 2006
April 14, 200638.5Final770May 25, 2006
September 23, 20056.5Interim130October 17, 2005
April 14, 20056.5Final130June 1, 2005
October 1, 20045Interim100October 18, 2004
April 13, 2004115Final2300May 26, 2004
September 17, 200314.5Interim290October 16, 2003
April 10, 200314.5Final290May 28, 2003
September 30, 20020Interim250October 30, 2002
April 10, 200212.5Final250May 21, 2002
October 5, 20010Interim150October 18, 2001
April 11, 20010Final150April 27, 2001
October 10, 20000Interim50October 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.