A dividend is a portion of a company’s earnings shared with its shareholders. If a company has retained earnings, its management may choose to reinvest them for expansion, pay off debts, or save them for future needs.
A stock split happens when a company increases its total number of shares by dividing current ones into smaller units, and a bonus issue, also known as a scrip or capitalization issue, is when a company provides extra shares to existing shareholders at no cost.
Here are stocks that will trade ex-dividend in the coming week:
Aayush Wellness Limited
With a market capitalization of Rs. 322.01 crores, the shares of Aayush Wellness Limited hit a 5 upper circuit of Rs. 66.16 per share on Friday, up from its previous closing price of Rs. 63.01 per share.
The company is issuing an interim dividend of Rs. 0.01 per equity share, representing a 1 percent payout over the face value of Re. 1 per share. The record date for the dividend is set as 3rd March 2025. The company has a dividend yield of 0.02 percent.
SBI Life Insurance Company Limited
With a market capitalization of Rs. 1,43,252.62 crore, the shares of SBI Life Insurance Company Limited closed at Rs. 1429.50 per equity share, down nearly around 2.65 percent from its previous day’s close price of Rs. 1468.40.
SBI Life Insurance Company’s board is scheduled to meet on February 28 to consider and declare an interim dividend on its equity shares for the financial year 2024-25. The company has already set March 7 as the record date.
Here are the companies to watch in the coming weeks that have announced bonus shares:
Anand Rathi Wealth Limited
With a market capitalization of Rs. 16,566.98 crore, the shares of Anand Rathi Wealth Limited closed at Rs. 3,991.05 per equity share, rising nearly around 0.08 percent from its previous day’s close price of Rs. 3,988.
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 March 5, 2025.
Here are the companies to watch in the coming weeks that have announced stock splits:
Coastal Corporation Limited
With a market capitalization of Rs. 285.23 crore, the shares of Coastal Corporation Limited closed at Rs. 212.95 per equity share, down nearly around 3.66 percent from its previous day’s close price of Rs. 221.05.
The company has also announced a stock split in a 1:5 ratio, dividing each equity share face value of Rs. 10 each into five equity shares of Rs. 2 each. The record date for this split is March 4, 2024.
Mangalam Global Enterprise Limited
With a market capitalization of Rs. 459.73 crore, the shares of Mangalam Global Enterprise Limited closed at Rs. 27.90 per equity share, down nearly around 6.25 percent from its previous day’s close price of Rs. 29.76.
The company has also announced a stock split in a 1:2 ratio, dividing each equity share face value of Rs. 2 each into two equity shares of Re. 1 each. The record date for this split is March 4, 2024.
Written By – Nikhil Naik
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