The Infosys Board Declared an Interim Dividend of INR18/Share
Portfolio Pulse from Benzinga Newsdesk
Infosys has declared an interim dividend of INR18 per share, marking a 9.1% increase from last year. The company's Q2 operating margin of 21.2% reflects the early benefits of its recently unveiled margin improvement plan.
October 12, 2023 | 10:50 am
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Infosys has announced an increased interim dividend, reflecting a strong Q2 operating margin. This could potentially attract investors looking for dividend-paying stocks.
The increase in Infosys' interim dividend, coupled with a strong Q2 operating margin, indicates a positive financial performance. This could potentially attract investors looking for dividend-paying stocks, thereby driving up the stock price in the short term.
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