- Infosys shares turned ex-dividend on May 31, 2023, meaning that investors who bought the stock on or after that date will not be eligible for the company’s upcoming dividend payment.
- The IT giant has announced a dividend of ₹32 per share for the financial year 2022-23, which will be paid on July 15, 2023.
- The Murthy family, which owns a significant stake in Infosys, is expected to receive around ₹1,100 crore ($140 million) from the dividend payout.
- The stock fell by greater than 2.5%.
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