Dividends, Stock Splits, Bonus Issues This Week: Check Key Corporate Actions, Record Dates And Other Details (image source: Canva)
Dividends, Stock Splits, Bonus This week: Numerous stocks are to be in focus on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) throughout the upcoming week, primarily due to scheduled corporate actions such as dividend distributions, stock splits, and bonus issuances. Interested investors and traders can check the latest upcoming corporate developments here.
Cupid Limited is set to announce a 1:1 Bonus and stock split, while Bodhi Tree Multimedia Limited is set to make a stock split.
Stocks Splits This Week
Cupid Limited: Stock Split
Cupid Limited the medicine and research company to undergo a stock split at a Face Value Split (Sub-Division) – From Rs 10 Per Share To Re 1 Per Share. The ex-date and record date is fixed for April 04, 2024. Generally stock splits are done to increase the stock liquidity, and on the ex-split date, investors receive new shares in their demat accounts, with the stock price adjusting accordingly.
In the last trading session, the stock gained over 1 per cent or Rs 24 and the current Cupid share price is Rs Rs 23,048 per share.
Bodhi Tree Multimedia: Stock Split
Bodhi Tree Multimedia Limited to initiate a stock split, adjusting the face value per share from Rs 10 to Re 1. This change became effective on April 5, 2024, affecting the equity shares of the company.
In the last trading session, the multimedia company stock gained over 9 per cent or Rs 14 and the current Bodhi Tree Multimedia share price is Rs 169 per share.
Bonus Issues This Week
Cupid Limited: Bonus Issue
Cupid Limited also declared a bonus issue in the ratio of 1:1. Shareholders were entitled to receive one additional share for every share held as of the record date, which was also April 4, 2024.
In the last trading session, the stock gained over 1 per cent or Rs 24 and the current Cupid share price is Rs Rs 23,048 per share.
Dividends This Week
According to both NSE and BSE corporate announcements, no company is scheduled to make dividend payments this week
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
