Dividend Stocks: Shares of several major companies, including ADS Diagnostics Ltd, Accelya Solutions India Ltd, and KPI Green Energy Ltd, among others, will trade ex-dividend from Monday, September 30, according to data collected from the Bombay Stock Exchange (BSE) website
According to the BSE statistics, several corporations have announced further corporate actions, such as bonus issues and stock splits.
The ex-dividend date is when the equity share price adjusts to reflect the upcoming dividend payout. It is the day the stock becomes ex-dividend, which implies it will not carry the value of its next dividend payment from that point forward.
Dividends are payable to all shareholders whose names appear on the company’s list before the end of the record date.
KPI Green Energy Ltd: The company declared a final dividend of ₹0.2
Here are the stocks that have declared a bonus issue in the upcoming week:
Classic Electricals Ltd. declared a bonus issue of shares at a ratio of 5:1.
Shares will trade ex-bonus on October 4.Shikhar Leasing & Trading Ltd. declared a bonus issue of shares at a ratio of 3:1. Shares will trade ex-bonus on October 4.
bonus issue is a corporate action that allows existing shareholders to subscribe for additional shares. Instead of increasing the dividend payout, companies offer to distribute additional shares to the shareholders. For example, the company may give out one bonus share for every ten shares held
Integrated Industries Ltd. will undergo a stock split from ₹10 to ₹1. Shares will trade ex-split on October 1.
Godawari Power & Ispat Ltd. will undergo a stock split from ₹5 to ₹1. Shares will trade ex-split on October 4.