A dividend represents a share of a company’s profits distributed to its shareholders. When a company has retained earnings, management can decide to reinvest the funds to support business growth, repay debts, or reserve them for future requirements.
A stock split occurs when a company increases the number of its shares by dividing existing ones into multiple shares. While the number of shares held by investors increases, the overall market value of the company remains unchanged.
A bonus issue also called a scrip issue or capitalization issue, involves granting additional shares free of charge to existing shareholders.
Here are stocks that will trade ex-dividend in the coming week:
1. Angel One Limited
With a market capitalization of Rs. 22,165.58 crore, the share price of Angel One Limited Company closed at Rs. 2456 per share on Friday, 1.07 percent lower than its previous close of Rs. 2482.45.
The company is issuing an interim dividend of Rs. 11 per equity share, representing an 110 percent payout over the face value of Rs. 10 per share. The record date for the dividend is set as 21st January 2025. The company has a dividend yield of 1.37 percent.
2. Bhansali Engineering Polymers Limited
With a market capitalization of Rs. 3,083.36 crore, the share price of Bhansali Engineering Polymers Limited Company closed at Rs. 123.90 per share on Friday, 1.04 percent lower than its previous close of Rs. 125.20.
The company is issuing an interim dividend of Rs. 1 per equity share, representing an 100 percent payout over the face value of Rs. 1 per share. The record date for the dividend is set as 22nd January 2025. The company has a dividend yield of 3.22 percent.
3. Havells India Limited
With a market capitalization of Rs. 98,931.41 crore, the share price of Havells India Limited Company closed at Rs. 1578 per share on Friday, 1.33 percent higher than its previous close of Rs. 1557.30.
The company is issuing an interim dividend of Rs. 4 per equity share, representing an 400 percent payout over the face value of Rs. 1 per share. The record date for the dividend is set as 22nd January 2025. The company has a dividend yield of 0.57 percent.
4. Mastek Limited
With a market capitalization of Rs. 8,486.41 crore, the share price of Mastek Limited Company closed at Rs. 2748.15 per share on Friday, 0.26 percent higher than its previous close of Rs. 2741.15.
The company is issuing an interim dividend of Rs. 7 per equity share, representing an 140 percent payout over the face value of Rs. 5 per share. The record date for the dividend is set as 24th January 2025. The company has a dividend yield of 0.68 percent.
5. Waaree Renewables Technologies Limited
With a market capitalization of Rs. 10,886.99 crores, the share price of Waaree Renewables Technologies Limited Company closed at Rs. 1044.35 per share on Friday, 3.01 percent lower than its previous close of Rs. 1076.75.
The company is issuing an interim dividend of Rs. 1 per equity share, representing a 50 percent payout over the face value of Rs. 2 per share. The record date for the dividend is set as 24th January 2025. The company has a dividend yield of 0.09 percent.
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Here are the companies to watch in the coming weeks that have announced bonus Shares:
B N Rathi Securities Limited
With a market capitalization of Rs. 237.17 crores, the share price of B N Rathi Securities Limited Company closed at Rs. 228.60 per share on Friday, 8.10 percent lower than its previous close of Rs. 248.75.
The company has announced a bonus issue in a 1:1 ratio, granting shareholders one additional share for every one share they hold. The record date for this is set for January 24, 2024.
The company has also announced a stock split in a 1:2 ratio, dividing each Rs. 10 shares into two Rs. 5 shares. The record date for this split is January 24, 2024.
Here are the companies to watch in the coming weeks that have announced stock splits:
Insolation Energy Limited
With a market capitalization of Rs. 7,046.57 crores, the share price of Insolation Energy Limited Company closed at Rs. 3198 per share on Friday, 1.14 percent lower than its previous close of Rs. 3234.80.
The company has also announced a stock split in a 1:10 ratio, dividing each Rs. 10 share into ten Re. 1 shares. The record date for this split is January 24, 2024.
Written By – Nikhil Naik
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