Infosys declares 200 percent interim dividend

October 10th, 2008 - 1:31 pm ICT by IANS  

Bangalore, Oct 10 (IANS) Infosys Technologies Ltd Friday announced an interim dividend of Rs.10 per share or 200 percent on par value of Rs.5 per share for the first half (April-September) of this fiscal (2008-09).Buoyed by its record performance in topline and bottomline during the first two quarters of this fiscal, the IT bellwether said in a statement that the interim dividend for FY 2009 was higher by Rs.4 per share or 80 percent over the same period of the last fiscal (FY 2008) at Rs.6 per share (120 percent on par value of Rs.5 per share).

“An amount of Rs.5.72 billion has been earmarked for interim dividend payout at the end of Sep 30, as against Rs.3.43 billion in the same period of last fiscal,” the company said in a statement.

Infosys’ blue chip scrip was, however, quoting at Rs.1,188 per share on the Bombay Stock Exchange (BSE) an hour after trading opened as against Rs.1,253 per share at the end of trading Wednesday.

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