A detailed look at the companies set to trade ex-dividend in the coming week, including Tata Steel, L&T, Bajaj Finance, and PNB, along with bonus issues and other corporate actions.
Several major companies, including Bajaj Finance, Bajaj Finserv, Tata Steel, HDFC Life Insurance Company, and LTIMindtree Ltd, are scheduled to trade ex-dividend in the upcoming week starting Tuesday, June 18. Additionally, some companies have announced share buybacks, bonus issues, and stock splits, according to BSE data. The ex-dividend date marks the day when the equity share price adjusts to reflect the next dividend payout, meaning the stock no longer carries the value of its next dividend payment. Dividends are paid to shareholders listed on the company's record by the end of the record date.
Ex-Dividend Dates and Dividends Declared:
- Tuesday, June 18, 2024:
- Bank of India: ₹2.8 per share
- HDFC Asset Management Company Ltd: ₹70 per share (interim)
- L&T Finance Ltd: ₹2.5 per share (final)
- Tata Investment Corporation Ltd: ₹28 per share (final)
- Wednesday, June 19, 2024:
- Dalmia Bharat Ltd: ₹5 per share (final)
- Intellect Design Arena Ltd: ₹3.5 per share (final)
- LTIMindtree Ltd: ₹45 per share (final)
- Panasonic Carbon India Co. Ltd: ₹12 per share (final)
- Sagar Cements Ltd: ₹0.7 per share (final)
- Thursday, June 20, 2024:
- Automobile Corporation of Goa Ltd: ₹15 per share (final)
- B.N. Rathi Securities Ltd: ₹1.5 per share
- eMudhra Ltd: ₹1.25 per share (final)
- Larsen & Toubro (L&T) Ltd: ₹28 per share (final)
- Prime Securities Ltd: ₹1 per share (final)
- Friday, June 21, 2024:
- Archean Chemical Industries Ltd: ₹1 per share (final)
- Bajaj Finserv Ltd: ₹1 per share (final)
- Bajaj Finance Limited: ₹36 per share (final)
- Bhansali Engineering Polymers Ltd: ₹1 per share (final)
- CARE Ratings Ltd: ₹11 per share (final)
- Ceenik Exports (India) Ltd: ₹1 per share (interim)
- Concord Biotech Ltd: ₹8.75 per share
- Cyient Limited: ₹18 per share (final)
- Dhanalaxmi Roto Spinners Ltd: ₹1.5 per share (final)
- Greenlam Industries Ltd: ₹1.65 per share (final)
- HDFC Life Insurance Company Ltd: ₹2 per share (final)
- Kansai Nerolac Paints Ltd: ₹1.25 per share (special) and ₹2.5 per share (final)
- Mishtann Foods Ltd: ₹0.001 per share (final)
- Punjab National Bank (PNB): ₹1.5 per share (final)
- Solitaire Machine Tools Ltd: ₹1.75 per share (final)
- Supreme Industries Ltd: ₹22 per share (final)
- Tata Steel: ₹3.6 per share (final)
- Torrent Pharmaceuticals Ltd: ₹6 per share (final)
Bonus Issues:
- Bharat Petroleum Corp Ltd (BPCL): 2:1 (ex-bonus on June 21)
- Hindustan Petroleum Corp Ltd (HPCL): 1:2 (ex-bonus on June 21)
- PVV Infra Ltd: 1:5 (ex-bonus on June 21)
Other Corporate Actions:
- Ace Engitech Ltd: Reduction of Capital on June 19
- Bhandari Hosiery Exports Ltd: Right Issue of Equity Shares on June 19
- Sobha Limited: Right Issue of Equity Shares on June 19
- JIK Industries Ltd: E.G.M. on June 21
- Premier Explosives Ltd: Stock Split From ₹10 to ₹2 on June 21
- Rodium Realty Limited: E.G.M. on June 21
Note: Investors should consult with financial advisors before making investment decisions based on this information.
