BENGALURU: Over the last five fiscals, Infosys has returned nearly Rs 1.1 lakh crore to its shareholders on a cumulative basis. At the current rupee-dollar exchange rate of 83.51, this translates to almost $12.8 billion, calculations by TOI showed.
Infosys shareholders can now expect to receive even higher payouts. On Thursday, Infosys said that its policy to distribute part of its free cash flows to shareholders through dividends and buybacks remains unchanged at 85% of the total amount available.However, the company added that it expects to “progressively increase its annual dividend per share“.
Over the last five years, of the total funds it has earmarked for distribution, close to Rs 80,000 crore has been through dividends and special dividends, aggregating 15 such payouts. If an investor had bought Infosys shares during FY19 and held those until the FY24 dividends were paid out, the cumulative receipt would be Rs 377.5 per share, BSE data showed.
Infosys also returned nearly Rs 26,800 crore to its shareholders as buybacks.
Infosys shareholders can now expect to receive even higher payouts. On Thursday, Infosys said that its policy to distribute part of its free cash flows to shareholders through dividends and buybacks remains unchanged at 85% of the total amount available.However, the company added that it expects to “progressively increase its annual dividend per share“.
Over the last five years, of the total funds it has earmarked for distribution, close to Rs 80,000 crore has been through dividends and special dividends, aggregating 15 such payouts. If an investor had bought Infosys shares during FY19 and held those until the FY24 dividends were paid out, the cumulative receipt would be Rs 377.5 per share, BSE data showed.
Infosys also returned nearly Rs 26,800 crore to its shareholders as buybacks.
Source Agencies
