Infosys share price: Shares of information technology firm Infosys declined nearly 2% in an otherwise firm market as the scrip turned ex-record for a dividend of ₹23 per share.
The IT company had declared the interim dividend and record date earlier this month when it announced its earnings for the second quarter of the financial year 2025-26 (FY26). The said ₹23 dividend by Infosys will be paid to the eligible investors on November 7, the company had informed investors.
To be eligible for the dividend, investors needed to buy Infosys shares on or before Friday, October 24, as the Indian stock markets follow a T+1 settlement system.
Infosys Dividend History
According to Trendlyne data, Infosys has a dividend yield of 4.37%. India’s second-largest IT company has paid a dividend of ₹66 in the last 12 months.
Meanwhile, since May 2002, Infosys has declared 50 dividends, the data showed.
Infosys Share Price Trend
Infosys’ share price declined below the ₹1500 mark in trade today. This is despite the Indian stock market rallying over 0.50%.
During the day so far, Infosys’ share price declined 1.79% to a low of ₹1498, as against its last closing price of ₹1525.40. Its 52-week high stands at ₹2006.80 while its 52-week low is at ₹1307.10.
Infosys promoters recently signalled their intent not to participate in the company’s ₹18,000 crore buyback, which had bolstered the IT stock last week.
However, amid challenges for the IT sector like H-1B visa hikes, slower demand and US tariff jitters, Infosys shares have lost nearly 20% on a year-to-date basis.
As of 9.45 am, Infosys stock was trading 0.89% lower at ₹1509.90 on the BSE.
Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
