Infosys has fixed June 10 (Wednesday) as the record date for determining shareholders eligible for its final dividend of Rs 25 per share. As a result, today is effectively the last day for investors to buy Infosys shares and qualify for the dividend payout.
Only those shareholders who own Infosys shares in their demat accounts as of Wednesday will be eligible to receive the bonus shares. Under the market regulator SEBI's T+1 settlement cycle, investors must buy shares of a company at least one trading day before the record date so that they are credited to their demat accounts by that day, making them eligible for the dividend.
