Dividend, bonus, stock split: Vedanta Limited will trade ex-dividend next week and NMDC will trade ex-bonus from Monday, December 23, 2024, according to BSE.
According to BSE data, some of the major companies have announced various corporate actions including stock splits, bonus issues and extraordinary general meetings (EGM).
The day on which the stock price adjusts to reflect the next dividend payment is known as the ex-dividend date. When the share becomes ex-dividend, from that day on it no longer has the value of the next dividend payment.
Dividends are payable to all shareholders whose names appear on the list of the company before the end of the record date.
Share trading ex-dividend on Tuesday, December 24, 2024:
Vedanta Limited: The company has an interim dividend of ₹8.5.
A stock split is a corporate action that occurs when a company issues additional shares to shareholders to increase liquidity. The total number of shares issued is increased by a certain ratio based on the shares previously held.
Stocks that have announced a stock split in the coming week
Bharat Global Developers Ltd will undergo a stock split ₹10 to ₹1. The shares will trade ex-split on Thursday, December 26.
Mazagon Dock Shipbuilders Ltd will undergo a share split ₹10 to ₹5. The shares will trade ex-split on Friday, December 27.
A bonus issue is a corporate action in which additional shares are given to existing shareholders. A company may decide to distribute additional shares as an alternative to dividends.
Stocks that have announced a bonus issue in the coming week
Bharat Global Developers Ltd: Bonus issue in the ratio of 8:10 on Thursday, December 26.
Evans Electric Ltd: 1:1 bonus issue on Thursday 26 December.
Hardwyn India Ltd: Bonus issue in the ratio 2:5 on Friday 27 December.
NMDC Ltd: Bonus issue at a ratio of 2:1 on Friday 27 December.
Other corporate actions
The other corporate actions for next week include the right-hand issue of shares, extraordinary general meetings (EGM) and income distribution (InvIT).
Milkfood Ltd: AGM on Monday 23 December.
Norben Tea & Exports Ltd: EGM on Monday 23 December.
Digital Fiber Infrastructure Trust: InvIT on Tuesday, December 24.
Integra Switchgear Ltd: EGM on Tuesday 24 December.
Jointeca Education Solutions Ltd: EGM on Tuesday 24 December.
Intelligent Supply Chain Infrastructure Trust: InvIT on Thursday, December 26.
South West Pinnacle Exploration Ltd: AGM on Thursday 26 December.
Anupam Finserv Ltd: The proper issue of shares will take place on Friday, December 27.
Dhanlaxmi Bank Limited: The proper issue of shares will take place on Friday, December 27.
