Investors should note that more than 110 companies, including major players like Wipro and UltraTech Cement, are scheduled for corporate actions such as dividends, bonus issues, and stock splits this week. To be eligible, shareholders must hold shares in their demat accounts by the respective record dates.
On Monday, July 27, around 12 companies, including Wipro and DLF, have fixed their record dates for dividends. Wipro announced an interim dividend of Rs 2 per share, while DLF will pay a final dividend of Rs 8 per share. Persistent Systems leads with a Rs 18 per share payout. Other notable companies include Amara Raja Energy & Mobility Ltd with Rs 5.20 per share and Deepak Nitrite with Rs 7.5 per share.
Tuesday, July 28, sees Hardwyn India setting a record date for a bonus issue in a 2:5 ratio. Godrej Properties will pay a dividend of Rs 10 per share, while Solar Industries offers the highest payout of Rs 11 per share. Dollar Industries and EIH Associated Hotels are among others fixing their record dates.
On Wednesday, July 29, Siemens will distribute a final dividend of Rs 18 per share, the highest for the day. Rane (Madras) follows with Rs 16 per share. Alembic Pharmaceuticals and ASM Technologies will each pay Rs 12 per share. Godrej Agrovet has announced a Rs 11 per share dividend.
Thursday, July 30, is led by UltraTech Cement with a Rs 240 per share dividend. BASF India and Cheviot Company both set Rs 25 per share. Marico and JK Tyre & Industries will pay Rs 4 per share each. Granules India and others have also fixed their record dates.
Friday, July 31, features Britannia Industries with the highest payout of Rs 90.5 per share. Eicher Motors follows with Rs 82 per share. AstraZeneca Pharma India will pay Rs 36 per share. Other notable companies include Ceat with Rs 35 per share and ADC India Communications with Rs 25 per share.
Background
Corporate actions such as dividends, bonus issues, and stock splits are significant events for investors as they can impact stock prices and investor returns. These actions are often used by companies to reward shareholders and can influence market sentiment.
Investors should monitor these corporate actions closely as they can impact stock prices and investor returns. The market's response to these announcements will be crucial in the coming days.
