Infosys Declares Dividend Of Rs 22 Per Share; Check Record Date And Other Details Here
The record date to determine the shareholders eligible for the dividend payment has been fixed as May 30.
Infosys Ltd.'s board of directors declared a final dividend of Rs 22 per share for the financial year ended March 31, 2025, according to an exchange filing on Thursday.
The record date to determine the shareholders eligible for the dividend payment has been fixed as May 30, the IT major said. The amount will be paid to the eligible shareholders on June 30, it added.
"We delivered the highest ever free cash flows in the history of the company in fiscal 2025,” according to Jayesh Sanghrajka, chief executive officer at Infosys.
"The board has proposed a final dividend of Rs 22, which along with the interim dividend, is an increase of 13.2% over last year," he added.
Infosys Q4 Results
The company reported a 3% sequential increase in net profit, reaching Rs 7,033 crore for the quarter ending March 31, 2025, surpassing the forecast of Rs 6,697 crore of analysts tracked by Bloomberg.
However, revenue dropped by 2% compared to the previous quarter, totaling Rs 40,925 crore for the March quarter, as per an exchange filing on Thursday. This was lower than the Rs 42,126 crore predicted by analysts monitored by Bloomberg.
Shares of Infosys closed 0.45% higher at Rs 1,419.50 apiece on the National Stock Exchange, compared to a 1.77% rise in the benchmark Nifty 50. The stock is flat over the last 12 months, and has declined by 24.49% on a year-to-date basis.
Out of 47 analysts tracking the company, 33 have a 'buy' rating on the stock, nine recommend ‘hold’ and five suggest ‘ sell’ according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 32.4%.
