Global software major Infosys Ltd on Friday rewarded its investors with a record 870% aggregate dividend or Rs 43.50 per share of Rs 5 face value for fiscal 2017-18. Total dividend paid in previous fiscal (2016-17) was Rs 25.75 (515%) per share, including Rs 14.75 (295%) final and Rs 11 (220%) interim. For the final dividend of Rs 20.50 per share, the pay out to investors amounts to Rs 5,349 crore ($821 million), including DDT. The pay-out for total dividend of Rs 33.50 per share, including final and interim of Rs 13 amounts to Rs 8,771 crore ($1,349 million), including DDT. “The aggregate dividend, including special dividend of Rs 10 per share works out to Rs 43.50 per share resulting in an aggregate dividend pay-out of Rs 11,371 crore ($1,749 million), including DDT,” added the statement.

Source: Hindustan Times April 14, 2018 03:56 UTC