Synopsis: A comprehensive overview of upcoming dividend, buyback, and other corporate actions for a range of companies. Several major stocks, including Hindustan Zinc, Kajaria Ceramics, and PFC, are set to turn ex-dividend in the coming week, with specific dates highlighted for each.
A number of stocks are set to turn ex-dividend or undergo other corporate actions in the upcoming week.
This article highlights these key dates and the corresponding companies to help investors make informed decisions.
Starting the week, 'Manappuram Finance' shares will turn ex-dividend on Monday.
The gold loan company had previously announced a final dividend of Rs. 1 per share.
Shareholders eligible for this dividend will be determined based on their presence on the record date, also set for Monday.
The actual dividend payment is scheduled for September 11.
On Tuesday, 'Suprajit Engineering Ltd' and 'Technocraft Industries India Ltd' will turn ex-buyback, allowing shareholders to participate in the companies share repurchase programs.
Wednesday sees several significant corporate actions.
'Hindustan Zinc', part of the Vedanta Group, will turn ex-dividend after announcing a substantial second interim dividend of Rs. 19 per share for FY25.
The dividend payment is slated for September 19.
'Force Motors' is also set to turn ex-dividend on the same day, following its announcement of a Rs. 20 per share dividend.
Thursday will witness ex-dividend status for companies like 'Honda India Power Products' (Rs. 17.50 per share), 'IG Petrochemicals' (Rs. 7.50 per share), 'Clean Science and Technology Ltd' (Rs. 3 per share), and 'Jamna Auto Industries Ltd' (Rs. 1.30 per share).
The week concludes with several companies turning ex-dividend on Friday, including 'Kajaria Ceramics' (Rs. 6 per share), 'PFC' (Rs. 3.25 per share), 'MOIL' (Rs. 2.55 per share), 'Quick Heal Technologies Ltd' (Rs. 3 per share), 'Oil India' (Rs. 2.50 per share), and 'NCC' (Rs. 2.20 per share).
Notably, 'TVS Srichakra' will turn ex-dividend after declaring a final dividend of Rs. 47.34 per share.
Other companies such as 'Shyam Metalics and Energy Ltd', 'Uflex Ltd', 'Vijaya Diagnostic Centre Ltd', and 'Jindal Stainless Ltd' will also see corporate actions on this day.
In addition to these dividend actions, "Aditya Vision Ltd" will execute a stock split from a face value of Rs. 10 per share to Rs. 2 per share, enhancing liquidity for shareholders.
"Modern Engineering and Projects Ltd" is set to turn ex-date for rights, offering additional shares to its current investors.
In conclusion, investors should take note of these upcoming dates to ensure they are positioned to benefit from the various dividends and other corporate actions.
Keeping track of these events can be crucial for making informed investment decisions and maximizing returns.
It is essential for shareholders to stay updated on these developments to ensure they do not miss out on potential benefits.
Disclaimer: We provide stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
