Dividend shares: They will trade the shares of several major companies and Public Sector Undertakings (PSUs), including Oil India, Power Grid Corporation of India, DCM Shriram, Indian Railway Catering and Tourism Corporation (IRCTC), among others. ex-dividend in the coming week, starting Monday, November 11, 2024. According to BVB data, some companies have announced other corporate actions, such as stock splits.

The ex-dividend date is when the company’s equity share price adjusts to reflect the next dividend payment rate. It’s the day the stock goes ex-dividend, meaning it no longer carries the value of the next dividend payment from that day forward. Dividends are payable to all shareholders of the company whose names appear on the list of the company by the end of the record date.

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The following are the stocks that declared dividends in the coming week:

Ex-dividend trading on Monday, November 11, 2024:

DCM Shriram Limited: The company declared an interim dividend of ₹2

TD Power Systems Ltd: The company declared an interim dividend of ₹0.6

Ex-dividend stock trading on Tuesday, November 12, 2024:

D-Link (India) Ltd: The company declared an interim dividend of ₹5

Indraprastha Gas Ltd (IGL): The gas distributor declared an interim dividend of ₹5.5

Indian Railway Finance Corporation (IRFC): The railway PSU declared an interim dividend of ₹0.8

PDS Ltd: The company declared an interim dividend of ₹1.65

Ex-dividend stock trading on Thursday, November 14, 2024:

Aptus Value Housing Finance India Ltd: The company declared an interim dividend of ₹2

Amara Raja Energy & Mobility Ltd: The company declared an interim dividend of ₹5.3

Astral Ltd: The company declared an interim dividend of ₹1.5

Container Corporation of India (CONCOR): The PSU declared an interim dividend of ₹3.24

Gretex Corporate Services Ltd: The company declared an interim dividend of ₹0.3

Indian Metals & Ferro Alloys Ltd: The company declared an interim dividend of ₹10

IRCTC: The rail arm declared an interim dividend of ₹4

KP Energy Ltd: The company declared an interim dividend of ₹0.2

KP Green Engineering Ltd: The company declared an interim dividend of ₹0.2

KPI Green Energy Ltd: The company declared an interim dividend of ₹0.2

Oil India: The oil explorer declared an interim dividend of ₹3

Page Industries Ltd: The company declared an interim dividend of ₹250

Power Grid Corporation: The power major declared an interim dividend of ₹4.5

QGO Finance Ltd: The company declared an interim dividend of ₹0.15

RITES Ltd: The company declared an interim dividend of ₹1.75

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The following are the stocks that have declared a stock split in the coming week:

Wonder Electricals Ltd will undergo a stock split from ₹10 to ₹1 on November 12

Contil India Ltd will undergo a stock split from ₹10 to ₹2 on November 14

Jost’s Engineering Co. Ltd will undergo a stock split from ₹2 to ₹1 on November 14

JTL Industries Ltd will undergo a stock split from ₹2 to ₹1 on November 14

A stock split is a corporate action that occurs when a company issues additional shares to shareholders to increase liquidity. The total number of shares issued is increased by a specified ratio based on previously held shares.

However, if the number of outstanding shares increases by a certain multiple, the total value (in rupees) of all the outstanding shares remains the same, as a split does not change the value of the company. The most common split ratios are 2-to-1 or 3-to-1 (noted as 2:1 or 3:1). For each share held before the split, each shareholder will have two or three shares, respectively, after the split.

The following are the stocks that have declared a bonus show next week:

Bajaj Steel Industries Ltd declared a 3:1 bonus issue. The shares will trade ex-bonus on November 12.

Worth Investment & Trading Co Ltd declared a bonus show in the ratio of 3:2. The shares will trade ex-bonus on November 14.

A bonus issue is a corporate share that gives existing shareholders the opportunity to subscribe for additional shares. Instead of increasing dividend payments, companies offer to distribute additional shares to shareholders. For example, the company may decide to grant one bonus share for every ten shares held.

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Other corporate actions:

Powergrid Infrastructure Investment Trust: Income distribution (InvIT) on November 12

Carnation Industries Ltd: Resolution Plan – Suspension on November 14

Vedant Asset Ltd: AGM of November 14

Visagar Polytex Ltd: AGM of November 14