Companies going ex-dividend next week; Check out the list.
Summary: Dividend payouts, bonus issues, rights issues, and stock splits are planned once the companies adapt ex-dividend.
Investors on Dalal Street will be closely monitoring businesses such as Redtape, Pro Fin Capital Services, Sharanam Infraproject and Trading, KPI Green Energy, and several others.
Important events like dividend payouts, bonus issues, rights issues, and stock splits are on the horizon, with these companies expected to trade ex-dividend. Additionally, certain companies will announce record dates to determine eligibility for dividend payments.
Stocks trading ex-dividend:
Redtape: The footwear company has declared an interim dividend of Rs 2 (100%) for each Rs 2 equity share for 2024–2025. On Friday, January 3, 2025, stocks will go ex-dividend and will also record the date for dividends.
Companies trading ex-dividends following Bonus Issue Announcements:
Banco Products (India): Banco Products announced a 1:1 bonus issue (one bonus share for every existing share) and will trade ex-dividend on Monday, December 30, 2024. This issue's record date is December 30, 2024.
KPI Green Energy: Bonus shares will be issued by KPI Green Energy in a 1:2 ratio, meaning that there will be one bonus share for every two existing shares. The record date is slated for January 3, 2025, the same day that the shares will trade ex-dividend.
Ceenik Exports (India): The announcement of a bonus issue at a 1:5 ratio (one bonus share for every five existing shares), Ceenik Exports will trade ex-dividend on Friday, January 3, 2025. January 3, 2025, is also the record date.
Garware Technical Fibres: Friday, January 3, 2025, will see the ex-dividend trading of Garware Technical Fibres shares following the announcement of a 4:1 bonus issue, which entitles four bonus shares for every existing share. January 3, 2025, is set as the record date.
Surya Roshni: When Surya Roshni announced a 1:1 bonus issue (one new share for every existing share), its shares will trade ex-dividend on Wednesday, January 1, 2025, the same as record date.
Companies Trading Ex-Dividend Following Stock Split Announcements:
Inertia Steel: A stock split of 1,19,78,800 equity shares of Rs 10 face value into 11,97,88,000 equity shares of Re 1 each has been announced by Inertia Steel. January 3, 2025, is the record date and the day the shares will trade ex-split.
Getalong Enterprise: Getalong Enterprise has revealed a stock split, transforming a single equity share of Rs 10 face value into ten equity shares of Re 1 each. The shares will begin trading ex-split on Thursday, January 2, 2025, with the record date also set for January 2, 2025.
Sharanam Infraproject and Trading: On December 31, 2024, Sharanam Infraproject and Trading's shares would trade ex-rights after a rights issue of 48 crore equity shares with a face value of Re 1 each, for a total of Rs 48 crore. The date of the record is December 31, 2024.
Harshil Agrotech: After a rights issuance of equity shares having a face value of Re 1 apiece, totaling up to Rs 49.5 crore, Harshil Agrotech shares will trade ex-rights on Tuesday, December 31, 2024. December 31, 2024, is the date of record.
Pro Fin Capital Services: Pro Fin Capital Services has declared a rights issue at a price of Rs 4.50 per share in a 1:2 ratio, meaning that one equity share will be issued for every two existing shares. Shares will trade ex-rights on December 31, 2024, and the date is also scheduled for that day.