A record date is set by a company to decide shareholders eligible to receive offers. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc.
Here is a list of stocks that have their ex-dates for various purposes next week:
Monday, November 11
Dividend
T D Power Systems announced an interim dividend of Rs 0.60 per share.DCM Shriram announced an interim dividend of Rs 2 per share.Tuesday, November 12
Dividend
D-Link (India) announced an interim dividend of Rs 5 per share.
Indraprastha Gas (IGL) declared an interim dividend of Rs 5.5 per share.
PDS Ltd announced an interim dividend of Rs 1.65 per share.
POWERGRID Infrastructure Investment Trust had announced a distribution of Rs 3 per unit comprising Rs 1.91 per unit as interest, Rs 0.60 per unit as taxable dividend, Rs 0.26 per unit as an exempt dividend, Rs 0.22 per unit as repayment of SPV debt and Rs 0.01 per unit as treasury income.
IRFC announced a dividend of Rs 0.8 per share.
Bonus issue
Bajaj Steel Industries announced a 3:1 bonus share issue, fixing November 12 as the record date for the purpose.
Stock split
Wonder Electricals announced a stock split from a face value of Rs 10 per share to Re 1 per share.
Thursday, November 14
Dividend
Amara Raja Energy & Mobility declared an interim dividend of Rs 5.3 per share.
Aptus Value Housing Finance India announced an interim dividend of Rs 2 per share.
Astral Ltd declared a dividend of Rs 1.50 per share.
Container Corporation Of India (CONCOR) announced an interim dividend of Rs 3.25 per share.
Indian Metals & Ferro Alloys declared a dividend of Rs 10 per share.
Indian Railway Catering And Tourism Corporation (IRCTC) announced an interim dividend of Rs 4 per share.
KP Energy declared an interim dividend of Rs 0.2 per share.
KP Green Engineering announced an interim dividend of Rs 0.2 per share.
Oil India (OIL) declared an interim dividend of Rs 3 per share.
Page Industries declared a dividend of Rs 250 per share.
Power Grid Corporation Of India announced an interim dividend of Rs 4.5 per share.
Qgo Finance announced an interim dividend of Rs 0.015 per share.
Rites declared an interim dividend of Rs 1.75 per share.
Bonus issue
Worth Investment & Trading announced a bonus issue in the ratio of 3:2, fixing November 14 as the record date.
Stock split
Contil India announced a stock split from a face value of Rs 10 to Rs 2.
JostS Engineering Company announced a stock split from a face value of Rs 2 to Re 1.
JTL Industries announced a stock split from a face value of Rs 2 to Re 1.
Friday, November 15
Dividend
Kotyark Industries announced an interim dividend of Rs 7.5 per share.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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