Infosys Limited (NYSE:INFY) Updates On Dividend Release Date


On 2016-06-22, Infosys Limited (NYSE:INFY) confirmed the dividend disbursement of $0.191 a share to shareholders as on record 2016-06-09. The firm will release dividend on 2016-06-22 while ex-dividend date is reported to be 2016-06-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Infosys Limited (NYSE:INFY) paid a total of $0.191 per share in dividends. This figure stood at $0.191 a share in the same period a year ago indicating a deviation of 99.7402%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $19.98 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $21 and $19, respectively.

Taking the mathematical rating formula, the price for Infosys Limited (NYSE:INFY) stands at 2.64. Earnings Review Infosys Limited (NYSE:INFY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-10. For the period ending on 2016-09-30, experts are expecting EPS of $0.24.

Coming to the quarter ending on 2016-03-31, Infosys Limited (NYSE:INFY) recorded EPS of $0.22. The reported numbers came lower than the analysts’ estimates of $0.23, demonstrating a miss of $-0.01 as against reported figures.

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