Infosys (NYSE: INFY), a leading technology company, has announced a quarterly cash dividend of 0.20 per share of Class A Common Stock. The company will also release its Q2 earnings report on Thursday, October 10, 2024. Investors can purchase shares of Infosys through any online brokerage. Other companies in Infosys's space include Wipro (NYSE:WIT), The Hackett Group (NASDAQ:HCKT), Alpha Technology Group (NASDAQ:ATGL), ASGN (NYSE:ASGN), and Research Solutions (NASDAQ:RSSS). With a consensus price target of $20.70, there is no analysis for Infosys currently.
Infosys Declares Quarterly Dividend, Reports Q2 Earnings Soon
Background:
Infosys Limited (NYSE: INFY) is a global provider of digital services and consulting headquartered in Bangalore, India. The company is one of the largest IT services companies in the world and employs over 270,000 people. Infosys serves clients in a wide range of industries, including financial services, healthcare, manufacturing, and retail.
Dividend Announcement:
On September 12, 2024, Infosys announced a quarterly cash dividend of $0.20 per share of Class A Common Stock. This dividend is payable on October 15, 2024, to shareholders of record as of October 1, 2024.
Q2 Earnings Report:
Infosys is scheduled to release its Q2 earnings report on Thursday, October 10, 2024. The company's financial results will provide investors with an update on its performance and outlook for the future.
Investment Considerations:
Investors interested in purchasing shares of Infosys can do so through any online brokerage. The company's stock is currently trading around $17.50 per share and has a market capitalization of approximately $42 billion.
Peer Comparison:
Infosys competes with several other IT services companies, including:
Top 5 FAQs:
1. What is Infosys's dividend yield?
Based on the current share price, Infosys's annual dividend yield is approximately 4.5%.
2. When did Infosys last pay a dividend?
Infosys last paid a dividend on June 15, 2024.
3. What is Infosys's Q2 earnings per share (EPS) estimate?
Analysts' consensus EPS estimate for Infosys's Q2 is $1.05 per share.
4. What is Infosys's target price?
According to Google Finance, the consensus price target for Infosys is $20.70.
5. How has Infosys's stock performed in the past year?
Infosys's stock price has declined by approximately 15% in the past year.
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