TCS, PCBL, CESC, and more set to trade ex-dividend next week

Several prominent companies, including Tata Consultancy Services (TCS), PCBL, and CESC, are gearing up to trade ex-dividend next week, as per the Bombay Stock Exchange (BSE). These corporate actions come alongside other notable updates like stock splits, bonus issues, and rights offerings.

What is the Ex-Dividend Date?

The ex-dividend date marks the adjustment in a stock's price to reflect the upcoming dividend payout. From this date onward, the stock no longer includes the value of the declared dividend. Shareholders listed on the company's records by the record date are eligible to receive the dividend.

Key Dividend Announcements

Here’s a list of stocks trading ex-dividend next week:

Thursday, January 16, 2025

CESC Ltd: Interim dividend of ₹4.5 per share.

PCBL Ltd: Interim dividend of ₹5.5 per share.

Friday, January 17, 2025

Tata Consultancy Services Ltd (TCS):

Interim dividend of ₹10 per share.

Special dividend of ₹36 per share.

Vantage Knowledge Academy Ltd: Interim dividend of ₹0.1 per share.

Stock Splits

Stock splits, which increase the number of shares to enhance liquidity, are also on the horizon:

Monday, January 13, 2025

Shardul Securities Ltd: Split from ₹10 to ₹2.

Thursday, January 16, 2025

Regis Industries Ltd: Split from ₹10 to ₹1.

Friday, January 17, 2025

Arunjyoti Bio Ventures Ltd: Split from ₹10 to ₹1.

Jai Balaji Industries Ltd: Split from ₹10 to ₹2.

Bonus Issues

Companies are also rewarding shareholders with bonus shares:

Kitex Garments Ltd: Bonus issue in a 2:1 ratio, trading ex-bonus on January 17.

Sattva Sukun Lifecare Ltd: Bonus issue in a 3:5 ratio, trading ex-bonus on January 17.

Other Corporate Actions

GTT Data Solutions Ltd: Rights issue of equity shares on January 14.

Energy Infrastructure Trust: Income distribution (InvIT) on January 14.

California Software Co Ltd: Rights issue of equity shares on January 15.

Ultracab (India) Ltd: Rights issue of equity shares on January 16.

Investors are encouraged to track these dates closely to maximize their returns and make informed decisions about dividend entitlements and corporate actions.