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Infosys sets record date for interim dividend of 26 rupees per share

Reported by Harshdeep Singh (Fact-Checker) Β· Livemint - Markets Β·

Unconfirmed β€” Reported by one source so far

Reported by one source so far

Important
Infosys sets record date for interim dividend of 26 rupees per sharePhoto: Wikimedia Commons

Dividend Payout

Infosys shares will stay in focus as today is the final chance for investors to buy the stock and qualify for the upcoming interim dividend. The company fixed November 3, 2026, as the record date to decide eligible shareholders for this payout of 26 rupees per equity share. The board declared this amount along with the September quarter results for fiscal year 2027 on October 23. Eligible investors will receive the money on November 11. The new interim payout is higher than the 23 rupees per share given in the previous financial year. Infosys has steadily increased its interim dividend from 18 rupees in fiscal year 24 and 21 rupees in fiscal year 25.

Stock Returns

Infosys stock gained 1.63 percent over the past week and rose 14.49 percent over the past month, showing recent recovery. However, the longer-term performance shows a decline. The shares are down 27.29 percent year-to-date and have dropped 20.06 percent over the past year. Over three and five-year periods, the stock lost 13.51 percent and 30.21 percent respectively.

Context

Dividends represent a portion of a company's profits shared directly with its shareholders on a per-share basis. Companies often maintain steady or rising dividend histories to signal financial stability and reward long-term investors. To receive a dividend, an investor must own the stock by the specific cutoff date set by the company.

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Tags:Infosys