12 stocks with record dates for dividends, bonuses, splits, rights issue next week. Do you own?
Many businesses are getting ready for next week's record deadlines on corporate acts including stock splits, dividend, bonus shares, and rights issues. These record dates are crucial for investors who want to take advantage of these announcements.
12 stocks with record dates for dividends, bonuses, splits, rights issue next week. Do you own?
A record date decides which shareholders are entitled to these corporate actions. To qualify, investors need to ensure that the shares they hold are credited to their respective demat accounts prior to the ex-date. This means the stocks need to be purchased at least a day before the ex- date, as the stock market follows T+1 settlement. Investors purchasing shares on the ex-date will not receive the entitlement for benefits such as dividends or bonus shares.
Here’s a look at the major corporate events on the calendar for the week ahead:
December 30, Monday
Banco Products (India) will give bonus share 1:1, doubling share of shareholders of the bank
December 31, Tuesday
HarshilAgrotech has announced a rights issue of 2 shares for every 5 shares at Rs. 2.43.
Pro Fin Capital Services is offering 1:2 rights issue at Rs. 4.5 per share.
SharanamInfraproject and Trading — 4 shares on holding 5 shares at Rs. 1 per share on a rights issue.
January 1, Wednesday
Surya Roshni- 1:1 Bonus share will double its outstanding shares
January 2, Thursday
Declared a stock split by Getalong Enterprise, its face value from Rs. 10 has dropped to Re. 1 per share.
January 3, Friday
RedTape announces payment of interim dividend of Rs. 2 per share
CeenikExports (India) will pay a 1:5 bonus share.
Enser Communications will provide a 1:1 bonus share.
Garware Technical Fibres to issue 4:1 bonus shares
KPI Green Energy will issue bonus shares in 1:2 ratios.
Banganga Paper Industries will go for a stock split, cutting its face value from Rs. 10 to Re. 1 per share.
To maximise the possible advantages of these corporate activities, investors should monitor these stocks including Banco Products, RedTape, and KPI Green Energy.
