Mrs Sunak and the Infosys dividend

We thought that perhaps one of these little details of how capitalism works might be useful.

Mrs. Sunak owns a stake in an Indian company, Infosys. That has paid her a dividend.

The Infosys accounting period - fiscal year - is to March 31. The latest accounts available are therefore for the quarter to 31 Dec 2021. Infosys pays an interim and a final dividend each year - or has done in the recent past at least.

Any dividend received recently will therefore be connected to the business activities, profits made, before Sept 30 2021.

Not that we expect this to change the shouting going on but we did think that someone, somewhere, ought to point this out.