One of the leading IT company Infosys on March13 announced that the dividend of Rs 22/share for the year 2011-12, this will be the final dividend for fiscal 2011-12.
During Board of directors meeting they have decided the dividend amount after seeing their results went up by 27.4% in the 4th quarter. They conveyed the same to Bombay Stock Exchange (BSE) and board of directors had also recommended a special dividend of Rs10/share for its BPO (business process outsourcing) completing 10 years.
In the third quarter, based on first and second quarter results Infosys gave an interim dividend of Rs15/share in Oct 2011 which is first half (April-Sept 2011) of fiscal 2012.
Including the present dividend announcement, in the last fiscal 2011-12, the total dividend from Infosys will be Rs47/share which includes the special dividend as well. With this the investors who invested in Infosys will get profit of Rs 47/share.
In March 12, Infosys was closed at Rs 2,750 and in march 13, it went all the way down to 2,403 which is around 12,6% down
Infosys total dividend for fiscal 2011-12 is Rs 47/share
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