Dividend Stocks: Coal India, ICICI Bank, RailTel, NHPC, among others to trade ex-dividend next week; Full list here

Dividend Stocks: Shares of several major companies, including Heritage Foods Limited, Bata India, ICICI Bank, RailTel Corporation of India Ltd among others, will trade ex-dividend starting Monday, August 12, 2024. According to BSE data, some companies have announced other corporate actions, such as share buybacks, bonus issues, and stock splits.

The ex-dividend date is the day the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward. Dividends are payable to all the shareholders whose names appear on the company's list by the end of the record date.

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The following are the stocks that have declared dividend in the upcoming week:

Stocks trading ex-dividend on Monday, August 12, 2024:

Computer Age Management Services Ltd, ICICI Bank Ltd, India Pesticides Ltd, NHPC Ltd, Rossell India Ltd, Styrenix Performance Materials Ltd, UPL Limited.

Stocks trading ex-dividend on Tuesday, August 13, 2024:

Bandhan Bank Ltd, Dhunseri Ventures Ltd, EIH Associated Hotels Ltd, Fine Organic Industries Ltd, Great Eastern Shipping Co.Ltd, Heritage Foods Limited, IKIO Lighting Ltd, Lloyds Metals And Energy Ltd, Navneet Education Limited, Neelamalai Agro Industries Ltd, Patel Integrated Logistics Ltd, Sigma Solve Ltd, S.J.S. Enterprises Ltd

Stocks trading ex-dividend on Wednesday, August 14, 2024:

S.J.S. Enterprises Ltd, Bharat Electronics Ltd, Dhunseri Investments Ltd, EPL Ltd, Gujarat Pipavav Port Ltd, H.G. Infra Engineering Ltd, Jindal Drilling & Industries Ltd, K.C.P. Ltd, Kalyani Steels Ltd, Maharashtra Seamless Ltd, Mahanagar Gas Ltd, Samvardhana Motherson International Ltd, Motherson Sumi Wiring India Ltd, Hitachi Energy India Ltd, RailTel Corporation of India Ltd, Saurashtra Cement Ltd. TTK Prestige Ltd.
 

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Stocks trading ex-dividend on Friday, August 16, 2024:

Abirami Financial Services (India) Ltd, Alkali Metals Ltd, Anuh Pharma Ltd, Apollo Hospitals Enterprise Ltd, Astral Ltd, Bata India, Bella Casa Fashion & Retail Ltd, Bharti Hexacom Ltd, Capital Small Finance Bank Ltd, Coal India Ltd, Cochin Minerals & Rutile Ltd, Comfort Fincap Ltd, Compucom Software Ltd, Container Corporation of India Ltd, Elcid Investments Ltd, Electrosteel Castings Ltd, Elixir Capital Ltd, Gland Pharma Ltd, Godrej Consumer Products Ltd, Godawari Power & Ispat Ltd, KK Shah Hospitals Ltd, Macrotech Developers Ltd, NGL Fine-Chem Ltd, N.R.agarwal Industries Ltd, Page Industries Ltd, Power Grid Corporation of India Ltd, Premco Global Ltd, Ram Ratna Wires Ltd, Rossari Biotech Ltd, Steelcast Ltd, Thomas Cook (India) Ltd, Thyrocare Technologies Ltd, Transindia Real Estate Ltd.
 

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The following are the stocks that have declared a bonus issue in the upcoming week:

GRP Ltd declared a bonus issue in the ratio 3:1. Shares will trade ex-bonus on August 12.

EIH Associated Hotels Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 13.

Milkfood Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 13.

Sprayking Ltd declared a bonus issue in the ratio 1:1. Shares will trade ex-bonus on August 13.

A 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.
 

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The following are the stocks that have declared a stock split in the upcoming week:

Milkfood Ltd will undergo a stock split from ₹10 to ₹5. Shares will trade ex-split on August 13.

Jamshri Realty Ltd will undergo a stock split from ₹1,000 to ₹10. Shares will trade ex-split on August 16.

A stock split is a corporate action that occurs when a company issues additional shares to shareholders to boost liquidity. The total number of shares issued is increased by a specified ratio based on previously held shares. However, the number of shares outstanding increases by a specific multiple, the total value (in rupees) of all shares outstanding remains the same because a split does not change the company's value. 

The most common split ratios are 2-for-1 or 3-for-1 ( denoted as 2:1 or 3:1). For every share held before the split, each stockholder will have two or three shares, respectively, after the split.

The following are the stocks that have declared a buyback in the upcoming week:

Navneet Education Limited will declare a buyback of shares on August 13.

TTK Prestige Ltd will declare a buyback of shares on August 14.

Cera Sanitaryware Ltd will declare a buyback of shares on August 16.

Dhanuka Agritech Ltd will declare a buyback of shares on August 16.

Savita Oil Technologies Ltd will declare a buyback of shares on August 16.

A buyback is when a company buys back its shares from the existing shareholders. A company can announce a buyback offer either through a tender offer or through the open market or from odd-lot holders. The buyback offer price is usually higher than the market price.

Other Corporate Action:
 

Orient Green Power Company Ltd: Right Issue of Equity Shares on August 13

Kaarya Facilities and Services Ltd: E.G.M. on August 13

Anzen India Energy Yield Plus Trust: Income Distribution (InvIT) on August 14

Brookfield India Real Estate Trust REIT: Income Distribution RITES on August 14

Melstar Information Technologies Ltd: Resolution Plan -Suspension on August 16