New Delhi:
Infosys Dividend 2025: Have you ever thought that a child of one and a half year old can earn crores? The 17-month-old grandson of Narayana Murthy of the country’s veteran IT company Infosys, the grandson of Narayana Murthy, Ekagrah Rohan Murty has so far earned a dividend of Rs 10.65 crore from the company.
Recently, Infosys has declared a final dividend of Rs 22 per share for Financial Year 2024-25. With this, the concentration will get more than Rs 3.3 crore.
When will the dividend and how many shares are there with the concentration?
Infosys has announced a final dividend of Rs 22 per share. The company has 1.5 million shares of the company, which makes 0.04% of the total stake. A record date for getting dividend has been fixed on 30 May and the payment will be on June 30.
How much have you earned from dividend till now?
The concentration had earlier received an interim dividend of Rs 7.35 crore in three times this year. Now his total earnings with the final dividend will be Rs 10.65 crore. At the age of 1 year and 5 months, he is one of the youngest millionaires in India.
How to get shares and how much is value?
In 2024, Narayan Murthy gifted 1.5 million shares of Infosys to his grandson. At that time, the market value of these shares was more than Rs 240 crore. Born in November 2023, the concentration was four months old at that time.
What is dividend?
Dividend is the amount that a company gives its shareholders as a return on investment in their shoes. When a company earns profits, a part of it is divided into shareholders, which is called dividend. For example, if you have 1000 shares of a company and the company announces a dividend at Rs 10 per share, then you will get a total of Rs 10,000 as a dividend. This is directly transferred from your demat account to the link bank account.
Quarterly results of infosys
The company made a revenue report of Rs 40,925 crore in the March quarter, which is 2% less than the previous quarter. However, the net profit increased by 3% to Rs 7,033 crore, which is more than an estimate of analysts of Rs 6,697 crore.
Analysts’ view on share price
The stock of Infosys closed at Rs 1,419.50 on the National Stock Exchange, which rose by 0.45%. However, it has increased just 0.02% in the last 12 months and has fallen by 24.49% since the beginning of this year.
According to Bloomberg’s data, out of the 47 analysts tracking the company, 33 have rated ‘Buy’, 9 ‘Hold’ and 5 have given the rating of ‘Sell’. His 12 -month average target price is showing an upside of 32.4%.
Narayan Murthy ’70 -hour Work Week’ statement caught in controversies
Narayan Murthy had suggested a ’70 -hour work week’ to increase India’s productivity some time ago. His statement was in a lot of controversy. However, the value of work and commitment for Narayan idol matters a lot and now he is giving the same legacy to his grandson.