Next week will be busy for Indian stock investors focused on dividends, bonus shares, and stock splits. Over 100 companies are set to trade ex-dividend between September 22 and 26. This means investors must buy shares before these dates to qualify for upcoming payouts.
Dividend Stocks to Watch
Several well-known companies will trade ex-dividend next week, offering income opportunities to investors. Key dividend payers include:
- Bajaj Holdings & Investment
- BEML Ltd
- Paisalo Digital
- Monte Carlo Fashions
- Parag Milk Foods
- Gujarat Fluorochemicals
- Maharashtra Scooters (highest dividend of ₹160 per share)
- Bengal & Assam Company (₹50 per share dividend)
Investors should note the record dates to confirm entitlement. Shares bought on or after the ex-dividend date do not carry dividend rights.
Bonus Share Issues Announced
Bonus shares are also a highlight this week for shareholders. Companies offering bonus issues include:
- Sandur Manganese & Iron Ores Ltd (2:1 ratio)
- Pidilite Industries Ltd (1:1 ratio)
- Time Technoplast Ltd (1:1 ratio)
- Chandra Prabhu International Ltd (1:2 ratio)
- Nazara Technologies Ltd (1:1 ratio)
A bonus issue gives shareholders additional shares for free instead of cash dividends, increasing their holding proportionally.
Stock Splits for Liquidity Boost
Corporate actions like stock splits will also attract investors. These splits increase share count while reducing the face value, helping improve stock liquidity. Notable stock splits include:
- Adani Power Ltd: 1 share splits into 5 shares of ₹2 each (ex-date September 22)
- Nazara Technologies Ltd: 1 share splits into 2 (ex-date September 26)
- PVV Infra Ltd: 1 share splits into 2 (ex-date September 26)
- R M Drip and Sprinklers Systems Ltd: 1 share splits into 10 (ex-date September 26)
How to Benefit
To benefit from dividends, bonus shares, or stock splits, investors should buy stocks before the ex-date. Holding shares through the record date makes them eligible for these corporate actions. These events often generate interest and volume, so investors should plan accordingly.
