Read on the application
Dividend Stock: This week there is a movement in the stock market. On the one hand, IPOs of many companies are coming. On the other hand, many companies will trade on the stock market as ex-dividend stocks. At the same time, there are 4 companies that will trade as ex-bonus stock to investors. Let’s know about them one by one –
Also read: The year 2023 is in the name of IPO of these companies including Tata Technologies, do you own any stocks?
These companies will trade ex-dividend –
1- Simple Trip Planners – The company will pay a dividend of 10 paisa per share to the investors. The record date for this stock is fixed as 19 December 2023.
2- Kovilpatti Lakshmi Roller Flour Mills – The company has decided to pay a dividend of Rs 2 per share. The record date is 22 December.
3- R Systems International Limited – The company has decided to pay a dividend of Rs 6.8 per share. The record date is 22 December.
4- Meaningful metals – The company will trade ex-dividend on December 22. Eligible investors will get a dividend of Rs 1 per share.
With the IPO opening on December 19, the company has made waves in the gray market.
Which companies are distributing bonus shares?
1- IFL Enterprises – Company will give share bonus on 10 shares. The date of ex-bonus is fixed on 18th December.
2- Paul Merchants – The company will trade the ex-bonus in the stock market on December 19. Eligible investors will be given 2 shares for every 1 share as bonus.
3- Alphalogic Taxes – Company will give 1 share bonus on 3 shares. The record date is set for December 22.
4- Axiata Cotton – This company will also give 1 share bonus for 3 shares. The record date for this has also been fixed as 22 December 2023.
(This is not investment advice. Stock market is subject to risks. Please consult an expert before making any investment.)