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Infosys Q4 result: Declares 440 per cent final dividend

Earlier, the blue chip company gave an interim dividend of Rs 15 per share or 300 per cent in October 2011 for the first half (April-Sept) of 2011-12.

BT Online Bureau | April 13, 2012 | Updated 13:49 IST

IT giant Infosys on Friday declared a final dividend of Rs 22 per share for financial year 2011-12, 440 per cent over its par value of Rs 5 per share.

PERSPECTIVE:Infosys 2012-13 outlook a disaster, say experts

In a regulatory filing, the IT bellwether said its board of directors had also recommended a special dividend of Rs 10 per share or 200 per cent for its back office operations (business process outsourcing) completing 10 years.

Earlier, the blue chip company gave an interim dividend of Rs 15 per share or 300 per cent in October 2011 for the first half (April-Sept) of 2011-12.

As a result, total dividend for the fiscal under review (2011-12) is Rs 37 per share or 740 per cent. With a special dividend of Rs 10 or 200 per cent, the overall payout for each investor will be a whopping Rs 47 per share of Rs 5 on par or 940 per cent.

The company's scrip was quoting at Rs 2,501.40 on the Bombay Stock Exchange in late morning trade, down 9.04 per cent from it's Wednesday closing of Rs 2,750.05.

With IANS inputs

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