Wipro and a host of other companies are likely to remain in focus this week as they are approaching their record dates for the purpose of dividend, bonus issues and stock split.
The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc.
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Here is a list of stocks that have their ex-dates for various purposes this week:
Monday, December 2:
Bonus issue
Rajoo Engineers Ltd had declared a bonus issue in the ratio of 1:3
Tuesday, December 3:
Bonus issue
Wipro had declared a bonus issue in the ratio of 1:1
Stock split
Diamond Power Infrastructure had announced a stock split from Rs 10 to Re 1
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Dividend
Indo US Bio-Tech had declared an interim dividend of Rs 0.25 per share
Wednesday, December 4:
Dividend
Can Fin Homes had declared an interim dividend of Rs 6 per share
Thursday, December 5:
Stock split
Tara Chand Intralogistic Solutions had announced a stock split from Rs 10 to Rs 2
Friday, December 6:
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Bonus issue
Consecutive Investments & Trading had declared a bonus issue in the ratio of 1:1
Kody Technolab had declared a bonus issue in the ratio of 1:1
Stock split
Eraaya Lifespaces had announced a stock split from Rs 10 to Re 1
Dividend
Phoenix Township had declared an interim dividend of Rs 0.1 per share
