Bonus issues, stock splits & dividends: 10 shares turning ex-record date this wk
This week marks an exciting period for investors as various companies, including NMDC, BLS E-Services, and GTV Engineering, have revealed their record dates for notable corporate actions such as bonus issues and stock splits. Additionally, PTC India and Shankara Buildpro are preparing to issue dividends while executing stock splits. Mold-Tek Technologies and others will reward eligible…
Around ten companies have scheduled record dates for various corporate actions such as bonus issues, stock splits and dividends during the week of October 5th to October 9th. To receive these corporate actions, investors need to hold the shares in their demat accounts on the stipulated record dates.
On October 5th, NMDC has set the record date for its final dividend of Rs 1 per share. The stock has witnessed a decline of 8% in a week and 13% in a month. However, the company has a dividend yield of 3.35%. The shares have delivered positive returns of over 51% in three years and nearly 56% in five years.
On October 6th, BLS E-Services has scheduled the record date for a 1:2 stock split, where every share held on the record date will be split into two shares. PTC India is also set to pay a dividend of Rs 5.5 per share to those shareholders who hold the stock on the same day.
On October 7th, GTV Engineering will have a record date for a 2:1 bonus issue, where eligible shareholders will receive two bonus shares for every one share held in the company on the record date. Shankara Buildpro has fixed the record date for its 1:5 stock split, where every share held on the record date will be split into five shares.
Lastly, on October 9th, Mold-Tek Technologies and Mold-Tek Packaging will have record dates for their respective 1:1 bonus issues. Additionally, DK Enterprises Global, Sahana System and Skyways Air Services will turn ex-record date for their dividends, marking the end of the corporate action week.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
