Dividends, Bonuses, Stock Splits: According to BSE data, VTM Ltd is scheduled to trade ex-dividend, while Algoquant Fintech Ltd and Padma Cotton Yarns Ltd are scheduled to trade ex-bonus next week starting Monday, January 6.
Some major companies have made various announcements incorporated The actions including stock split, bonus issues and extraordinary general meetings (EGMs), according to BSE data.
The day when the equity share price adjusts to reflect the next dividend payment is known as the ex-dividend date. When a stock becomes ex-dividend, it no longer has the value of its next dividend. Payment From that day forward.
The dividend is payable to all shareholders whose names appear in the list of the company as at the end of the record date.
Here are the stocks that will declare dividends in the upcoming week:
VTM Limited Shares will trade ex-dividend on Friday, January 10, as announced by the company interim dividend Of 0.25 per equity share.
Here are the stocks that will declare bonus issues in the coming week:
Eloquent Fintech Limited Declared bonus issue of shares in the ratio of 1:2. Shares will trade ex-bonus on Wednesday, January 8.
Padam Cotton Yarns Limited declare a bonus issue of shares in the ratio of 1:1. Shares will trade ex-bonus on Wednesday, January 8.
Bonus issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing dividend payments, companies offer to distribute additional shares to shareholders. For example, the company may offer one bonus share for every ten shares outstanding.
Here are the stocks that will announce stock splits in the upcoming week:
AA Plus Tradelink Limited will undergo a stock split from Shares will trade ex-split at Rs 10 to Rs 1 on Wednesday, January 8.
Jagsanpal Pharmaceuticals Limited will undergo a stock split from from 5 2. Shares will trade ex-split on Wednesday, January 8.
Julian Agro Infratech Limited will undergo a stock split from from 10 5. Shares will trade ex-split on Wednesday, January 8.
Kamdhenu Limited will undergo a stock split from Shares will trade ex-split at Rs 10 to Rs 1 on Wednesday, January 8.
Shriram Finance Limited will undergo a stock split from from 10 2. Shares will trade ex-split on Friday, January 10.
A stock splits Is a corporate action that occurs when a company issues additional shares to shareholders to increase liquidity. The total shares issued are increased by a specified ratio based on the shares already held. However, if the number of outstanding shares increases by a specific multiplier, the total value (in rupees) of all the outstanding shares remains the same as the value of the company does not change by the split.
The most common split ratios are 2-for-1 or 3-for-1 (denoted as 2:1 or 3:1). For every share held before the split, each shareholder will hold two or three shares respectively after the split.
Other corporate actions:
ITC Limited: Share spin-off on Monday, January 6.
Nibe Ordnance & Maritime Limited: Rights issue on Tuesday, January 7.
Camlin Fine Science Ltd: Rights issue on Wednesday, January 8.
B&B Realty Limited: EGM on Friday, January 10.
Jai Kailash Namkeen Limited: EGM on Friday, January 10.
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