Beginning on Monday, February 26, shares of a number of firms, including NMDC, Birla Precision Technologies, and Natco Pharma, will trade ex-dividend. In the upcoming week, a few more corporations will also trade ex-bonus and ex-split.
The day the equity share price changes to reflect the upcoming dividend payment is known as the ex-dividend date. It’s the day the stock goes ex-dividend, meaning that from that point on, the value of its subsequent dividend payment is not carried forward. By the end of the record date, dividends are payable to all shareholders whose names are listed on the company’s list.
The stocks that will be paying dividends in the coming week are as follows:
Fineotex Chemical Ltd: The business announced a ₹1.2 interim dividend. On February 26, the shares will trade ex-dividend.
Gateway Distriparks Ltd: The business announced a ₹0.75 interim dividend. On February 26, the shares will trade ex-dividend.
Natco Pharma: The business announced a ₹0.75 interim dividend. On February 26, the shares will trade ex-dividend.
Suprajit Engineering Ltd: The business announced a ₹1.1 interim dividend. On February 26, the shares will trade ex-dividend.
Vibrant Global Capital Ltd: The business announced a ₹1.25 interim dividend. On February 26, the shares will trade ex-dividend.
NMDC Ltd: The PSU star announced a ₹5.75,00 interim dividend. On February 27, the shares will trade ex-dividend.
South West Pinnacle Exploration Ltd: The business announced a ₹0.25 interim dividend. On February 28, the shares will trade ex-dividend.
Birla Precision Technologies Ltd: The business announced a ₹0.05 interim dividend. On February 29, the shares will trade ex-dividend.
Bodhi Tree Multimedia Ltd: The business announced a ₹0.50 interim dividend. On February 29, the shares will trade ex-dividend.
Jupiter Wagons Ltd: The business announced a ₹0.30 interim dividend. On February 29, the shares will trade ex-dividend.
Companies with bonus issue next week:
In the ratio of 2:1, DRC Systems India Ltd. declared a bonus issue. On February 27, shares will trade ex-bonus.
Fiem Industries Ltd. announced a 1:1 bonus issuance. On February 28, shares will trade ex-bonus.
A corporate activity known as a bonus issue is an invitation sent to the company’s current shareholders to subscribe for more shares.
Corporate updates
New Light Apparels Ltd: E.G.M. (February 26)
South Indian Bank Ltd: Right Issue of Equity Shares (February 27)
Precision Containeurs Ltd: Resolution Plan -Suspension (February 28)
Bajaj Auto: Buy Back of Shares (February 29)
Nakoda Group of Industries Ltd: E.G.M. (March 1)
Vidli Restaurants Ltd: E.G.M. (March 1)
Viksit Engineering Ltd: E.G.M. (March 1)
