This tech giant company has an unclaimed dividend of Rs 36 crore, have you claimed yours?
Furthermore, it raised its full year revenue guidance and maintained its guidance for EBIT margins.
Technology bellwether Infosys reported its third quarter financial results, with net profit seeing a growth of 13 per cent YoY and consolidated revenue from operations increased by 20.2 per cent. In constant currency terms, the YoY revenue growth came in at 13.7 per cent. Digital revenue had a lion’s share contribution i.e., 62.9 per cent of overall revenues and it grew at 21.7 per cent in constant currency.
Most business segments registered positive YoY growth and large deal Total Contract Value (TCV) for the quarter was the strongest in the recent quarters. Furthermore, it raised its full year revenue guidance and maintained its guidance for EBIT margins.
The technology bellwether is known for its dividend and do you know how much of the dividend is lying with the company as unclaimed dividend? After disclosing the total amount unclaimed dividend, you’ll feel the rug swept from under your feet.
Here is the company table showing the amount unclaimed along with the year of dividend declared. Important to note this is amount unclaimed as on March 31, 2022.
Year
|
Type of Dividend
|
Dividend per share in Rs
|
Amount unclaimed in Rs
|
2014-15
|
Final
|
29.5
|
1,49,88,448
|
2015-16
|
Interim
|
10
|
1,09,39,450
|
2105-16
|
Final
|
14.25
|
1,60,31,777
|
2016-17
|
Interim
|
11
|
1,36,91,843
|
2016-17
|
Final
|
14.75
|
2,13,75,715
|
2017-18
|
Interim
|
13
|
2,29,31,454
|
2017-18
|
Final & Special
|
30.5
|
4,67,85,315
|
2018-19
|
Interim
|
7
|
2,03,15,499
|
2018-19
|
Special
|
4
|
1,19,20,004
|
2018-19
|
Final
|
10.5
|
2,81,47,445
|
2019-20
|
Interim
|
8
|
2,40,78,793
|
2019-20
|
Final
|
9.5
|
2,59,64,031
|
2020-21
|
Interim
|
12
|
3,01,37,600
|
2020-21
|
Final
|
15
|
3,43,90,416
|
2021-22
|
Interim
|
15
|
3,92,80,980
|
|
Total Sum
|
|
36,09,78,770
|
Interestingly, if we sum up the amount it comes over a whopping Rs 36 crore! Isn’t it shocking? If you have not claimed your dividend yet, do let us know in the comment section. We will cover a story about how to claim unclaimed dividend.