Investors need to keep a close watch as 44 companies are scheduled for corporate actions this week, with shares going ex-date for dividends, rights issues, and bonus issues. This includes major names like Infosys, Adani Enterprises, and Tata Group companies, with record dates set throughout the week.
The week begins on June 8 with Unified Data-Tech Solutions turning ex-date for an interim dividend of Rs 5.5 per share. Ravindra Energy and Consecutive Commodities will also trade ex-date for rights issues. On June 9, Inox India and Tata Group's Nelco will trade ex-date for final dividends of Rs 2 and Rs 1 per share, respectively.
June 10 sees major companies like Infosys, Indian Bank, and Seshasayee Paper & Board turning ex-dividend. Infosys will offer a final dividend of Rs 25 per share, while Tata Group companies like Tata Chemicals, Tata Investment Corporation, and Tata Elxsi have set record dates for dividends ranging from Rs 3.4 to Rs 75 per share. Gautam Exim will go ex-bonus with a 3:1 bonus issue.
On June 11, Sunshield Chemicals will be the only company turning ex-date for a final dividend of Rs 3 per share. The week concludes on June 12 with 31 stocks, including five Adani Group companies and four Tata Group companies, going ex-record date for their respective corporate actions. Notable dividends include ACC at Rs 7.5 per share and Tata Motors at Rs 4 per share.
As companies prepare for these corporate actions, investors should ensure they hold shares in their demat accounts by the record dates to be eligible for dividends, rights issues, and bonus shares. This week’s corporate actions reflect a broader trend of companies returning value to shareholders through dividends and other mechanisms.
Background
This week’s corporate actions are part of a larger trend where companies are increasingly returning value to shareholders through dividends, rights issues, and bonus shares. Such actions are often seen as signals of a company's financial health and commitment to rewarding investors.
Looking ahead, investors should monitor announcements for any additional record dates and corporate actions that may be declared. Staying informed will be crucial for maximizing investment returns during this period.
