Infosys Dividend: Anyone would be surprised to hear that the wealth of a 4 month old baby is around Rs 210 crore and he gets Rs 4 crore as his first earning at the age of 6 months. But, all this is true. Actually, Narayana Murthy had transferred 0.04 percent stake or 15 lakh shares of Infosys to his 4-month-old grandson. The value of these shares is approximately Rs 210 crore. Now he has received the first dividend (Infosys Dividend) of Rs 4 crore from Infosys.
Infosys announces dividend of Rs 28
At present the value of Infosys shares is around Rs 1400. The company has announced dividend. The record date for this has been fixed as May 31. Also, payment will be made on 1st July. Narayan Murthy has gifted 15 lakh shares of Infosys to his grandson Ekagrah Rohan Murty. Now Ekagra is not going to sell his shares at the moment. In such a situation, Ekagra will get approximately Rs 4.2 crore as dividend from Infosys. Infosys had announced a dividend of Rs 28 on Thursday while declaring the fourth quarter results (Infosys Results). In this, final dividend of Rs 20 and Rs 8 will be given as special dividend.
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