Dividend Stocks: Shares of some companies, including Wonder Electricals, ISMT Ltd, IIFL Securities, and others will trade ex-dividend in the coming week, starting from March 11, while some will trade ex-split and ex-bonus.
The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company’s list by the end of the record date.
The following are the stocks that have declared dividend in the upcoming week:
Wonder Electricals Ltd: The company declared an interim dividend of ₹1. Shares will trade ex-dividend on March 14.
Autoriders International Ltd: The company declared an interim dividend of ₹0.5. Shares will trade ex-dividend on March 15.
IIFL Securities Ltd: The leading brokerage declared an interim dividend of ₹3. Shares will trade ex-dividend on March 15.
India Gelatine & Chemicals Ltd: The company declared an interim dividend of ₹10. Shares will trade ex-dividend on March 15.
ISMT Ltd: The company declared an interim dividend of ₹0.5. Shares will trade ex-dividend on March 15.
Kirloskar Ferrous Industries Ltd: The company declared an interim dividend of ₹3. Shares will trade ex-dividend on March 15.
SBI Life Insurance Company Ltd: The insurer declared an interim dividend. Shares will trade ex-dividend on March 15.
Also Read: Dividend Yield Stocks: Coal India, 360 One WAM, 8 others among top firms paying high dividends; do you own?
The following are the stocks that have declared a stock split in the upcoming week:
OK Play India Ltd will undergo a stock split from ₹10 to ₹1. Shares will trade ex-split on March 11.
Waaree Renewable Technologies Ltd will undergo a stock split from ₹10 to ₹2. Shares will trade ex-split on March 15.
The following are the stocks that have declared a bonus issue in the upcoming week:
Gujarat Ambuja Exports Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on March 15.
M. K. Proteins Ltd declared a bonus issue in the ratio 2:1. Shares will trade ex-bonus on March 15.
Also Read: Govt keeps interest rates on small savings schemes unchanged for Q1 FY25; Check rates for NSC, Sukanya Samriddhi, others
Other Corporation Action:
Mudra Financial Services Ltd: E.G.M. on March 11
Arunjyoti Bio Ventures Ltd: Right Issue of Equity Shares on March 12
Data Infrastructure Trust: Income Distribution (InvIT) on March 14
Canopy Finance Ltd: Amalgamation on March 15
Focus Business Solution Ltd: E.G.M. on March 15
Macfos Ltd: E.G.M. on March 15.
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Published: 09 Mar 2024, 05:14 PM IST
Omprakash Tiwary is a business writer who delves into the intricacies of the corporate world. With a focus on finance and economic landscape. He offers readers valuable insights into market trends, entrepreneurship, and economic developments.
