Dividend Stocks: Shares of several major companies including Bajaj Finance, Bajaj Finserv, Tata Steel, HDFC Life Insurance Company, LTIMindtree Ltd, among others among others will trade ex-dividend in the coming week starting from Tuesday, June 18. Along with these, some companies have declared a buyback of shares, while some have announced other corporate actions such as bonus issue and stock splits, according to BSE data.
The ex-dividend date is the day on which 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.
Bank of India: The state-owned lender declared a dividend of ₹2.8.
HDFC Asset Management Company Ltd: The asset management firm declared an interim dividend of ₹70
L&T Finance Ltd: The company declared a final dividend of ₹2.5
Tata Investment Corporation Ltd: The company declared a final dividend of ₹28
Dalmia Bharat Ltd: The company declared a final dividend of ₹5
Intellect Design Arena Ltd: The company declared a final dividend of ₹3.5
LTIMindtree Ltd: The company declared a final dividend of ₹45
Panasonic Carbon India Co. Ltd: The company declared a final dividend of ₹12
Sagar Cements Ltd: The company declared a final dividend of ₹0.7
Automobile Corporation of Goa Ltd: The company declared a final dividend of ₹15
B.N. Rathi Securities Ltd: The company declared a dividend of ₹1.5
eMudhra Ltd: The company declared a final dividend of ₹1.25
Larsen & Toubro (L&T) Ltd: The company declared a final dividend of ₹28
Prime Securities Ltd: The company declared a final dividend of ₹1
Archean Chemical Industries Ltd: The company declared a final dividend of ₹1
Bajaj Finserv Ltd: The company declared a final dividend of ₹1
Bajaj Finance Limited: The company declared a final dividend of ₹36
Bhansali Engineering Polymers Ltd: The company declared a final dividend of ₹1
CARE Ratings Ltd: The company declared a final dividend of ₹11
Ceenik Exports (India) Ltd: The company declared an interim dividend of ₹1
Concord Biotech Ltd: The company declared a dividend of ₹8.75
Cyient Limited: The company declared a final dividend of ₹18
Dhanalaxmi Roto Spinners Ltd: The company declared a final dividend of ₹1.5
Greenlam Industries Ltd: The company declared a final dividend of ₹1.65
HDFC Life Insurance Company Ltd: The company declared a final dividend of ₹2
Kansai Nerolac Paints Ltd: The company declared a special dividend of ₹1.25 and a final dividend of ₹2.5
Mishtann Foods Ltd: The company declared a final dividend of ₹0.001
Punjab National Bank (PNB): The state-owned lender declared a final dividend of ₹1.5
Solitaire Machine Tools Ltd: The company declared a final dividend of ₹1.75
Tata Steel: The Tata Group-company declared a final dividend of ₹3.6
Torrent Pharmaceuticals Ltd: The pharma company declared a final dividend of ₹6.
Bharat Petroleum Corp Ltd (BPCL) declared a bonus issue in the ratio 2:1. Shares will trade ex-bonus on June 21.
Hindustan Petroleum Corp Ltd (HPCL) declared a bonus issue in the ratio 1:2. Shares will trade ex-bonus on June 21.
PVV Infra Ltd declared a bonus issue in the ratio 1:5. Shares will trade ex-bonus on June 21.
A bonus issue is a corporate action which is an offer given to the existing shareholders of the company to subscribe for additional shares. Instead of increasing the dividend payout, the companies offer to distribute additional shares to the shareholders. For example, the company may decide to give out one bonus share for every ten shares held.
Ace Engitech Ltd: Reduction of Capital on June 19
Bhandari Hosiery Exports Ltd: Right Issue of Equity Shares on June 19
Sobha Limited: Right Issue of Equity Shares on June 19
JIK Industries Ltd: E.G.M. on June 21
Premier Explosives Ltd: Stock Split From Rs. 10 to Rs. 2 on June 21
Rodium Realty Limited: E.G.M. on June 21
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