Finance1 min read

Bonus issues, stock splits, dividends: Infosys, Asian Paints among over 40 stocks turning ex-date this week

By · Published by Everything Blog

In short

The upcoming schedule features prominent firms issuing substantial cash rewards, led by Sanofi India's Rs 75 per share interim dividend and Infosys's Rs 26 payout. Other notable organizations participating in dividend distributions include Asian Paints, Coal India, Mazagon Dock Shipbuilders, and Info Edge. In addition to cash payouts, several companies are altering their share capital structures through bonus distributions, stock splits, and rights offerings.

Key points

  • Investors must ensure shares settle in their demat accounts by each firm's specified reco…: Investors must ensure shares settle in their demat accounts by each firm's specified record date to receive corporate benefits.
  • Notable dividend distributions throughout the week include Coal India at Rs 10.25 per sha…: Notable dividend distributions throughout the week include Coal India at Rs 10.25 per share and Asian Paints at Rs 5.75 per share.
  • Share capital alterations will occur through stock splits for Gujarat Natural Resources a…: Share capital alterations will occur through stock splits for Gujarat Natural Resources and Knowledge Marine & Engineering Works.

Sources checked by our analysis pipeline: 1

Listen to this article in summarized format

To be eligible for these corporate actions, investors must hold the shares in their demat accounts on the respective record dates. The list is tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.

Here is the day-wise list of corporate actions to watch out for this week:

November 2 (Monday)

Anlon Technology Solutions, which is engaged in the business of providing engineering services, training, consultancy, advisory, and research & development services, has fixed Monday as the record date for its bonus issue in the ratio of 2:5. This means that every shareholder will get two bonus shares for every five held in the company as on the record date.

Additionally, Colgate Palmolive (India) will pay an interim dividend of Rs 24 per share, with Monday as the record date. Other dividend stocks which have fixed Monday as the record date include Pitti Engineering (Rs 2 per share), Route Mobile (Rs 4 per share) and Tanla Platforms (Rs 6 per share).

Also read | Michael…

Finance