A dividend represents a share of a company’s profits distributed to its shareholders. When a company has retained earnings, management can decide to reinvest the funds to support business growth, repay debts, or reserve them for future requirements.
A stock split occurs when a company increases the number of its shares by dividing existing ones into multiple shares. While the number of shares held by investors increases, the overall market value of the company remains unchanged.
A bonus issue, also called a scrip issue or capitalization issue, involves granting additional shares free of charge to existing shareholders.
Here are stocks that will trade ex-dividend in the coming week:
1. Vedanta Limited
With a market capitalization of Rs. 1,86,740.58 crore, the share price of Vedanta Limited Company closed at Rs. 477.55 per share on Friday, 2.98 percent lower than its previous close of Rs. 492.20
The company is issuing an interim dividend of Rs. 8.5 per equity share, representing an 850 percent payout over the face value of Rs. 1 per share. The record date for the dividend is set as 24th December 2024. The company has a dividend yield of 5.7 percent.
Here are the companies to watch in the coming weeks that have announced bonus Shares:
1. Aayush Wellness Limited
With a market capitalization of Rs. 659.38 crores, the share price of Aayush Wellness Limited Company closed at Rs. 203.20 per share on Friday, 1.98 percent higher than its previous close of Rs. 199.25.
The company has announced a bonus issue in a 1:2 ratio, granting shareholders one additional share for every two shares they hold. The record date for this is set for December 26, 2024.
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2. Evans Electric Limited
With a market capitalization of Rs. 116.77 crores, the share price of Evans Electric Limited Company closed at Rs. 425.55 per share on Friday, 1.68 percent higher than its previous close of Rs. 418.50.
The company has announced a bonus issue in an 8:10 ratio, granting shareholders eight additional shares for every ten shares they hold. The record date for this is set for December 26, 2024.
3. Bharat Global Developers Limited
With a market capitalization of Rs. 12,520.24 crores, the share price of Bharat Global Developers Limited Company closed at Rs. 1,236.45 per share on Friday, a 5 percent lower circuit from its previous close of Rs. 1,301.50.
The company has announced a bonus issue in a 1:1 ratio, granting shareholders one additional share for every one share they hold. The record date for this is set for December 26, 2024.
The company has also announced a stock split in a 1:10 ratio, dividing each Rs. 10 shares into ten Re. 1 shares. The record date for this split is December 26, 2024.
Here are the companies to watch in the coming weeks that have announced stock splits:
1. Mazagon Dock Shipbuilders Limited
With a market capitalization of Rs. 95,309.62 crore, Mazagon Dock Shipbuilders Ltd’s share price closed at Rs. 4,725.55 per share on Friday, falling by 6.22 percent from its previous close of Rs. 5,039.20.
The company has also announced a stock split in a 1:2 ratio, dividing each Rs. 10 shares into two Rs. 5 shares. The record date for this split is December 27, 2024.
Written By – Nikhil Naik
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