Infosys declares an interim dividend of Rs 18 per share.

Infosys declares an interim dividend of Rs 18 per share.

Infosys declared an interim dividend of 18 per equity share for fiscal year 24 on Thursday.

The interim dividend record date has been set for October 25, 2023.

The payout date has been set for November 6, 2023.

Since October 25, 2000, the company has declared 48 dividends, with an equity dividend of 34 per share declared in the last 12 months.

The dividend yield would be 2.32% at the current share price of 1,465.70.

Infosys stock is anticipated to trade ex-dividend a day or two before the interim dividend record date.

Shareholders are entitled to receive dividend payments on an ex-dividend date.

On Thursday, Infosys shares slid 2.82% to settle at 1,452.30 on the NSE. The stock is down 4.70% so far this year.

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