Stocks Turning Ex-Dividend: PC Jeweller, Linc, Sky Gold Lead the Week - Read Now
Stocks turning ex-dividend next week include PC Jeweller, Linc, and Sky Gold, with key actions like stock splits and bonus shares. Record dates set for December 16-20 determine shareholder eligibility for these benefits.
Several companies, including PC Jeweller, Linc, Sky Gold, and others, are scheduled to trade ex-dividend next week. Key corporate actions like stock splits, bonus share issues, and dividend payouts are set to take place, offering exciting opportunities for shareholders. Here’s a detailed look at the stocks to watch and their respective record dates.
What Does Ex-Dividend Mean?
The ex-dividend date is crucial for shareholders as it determines eligibility for corporate benefits like dividends, bonus shares, or stock splits. If you purchase shares on or after the ex-date, you will not be entitled to these benefits. Investors must ensure they hold shares before the ex-date to qualify.
Stocks Turning Ex-Dividend Next Week
PC Jeweller: Stock Split
PC Jeweller has announced a 1:10 stock split, where each equity share of Rs 10 will be divided into 10 equity shares of Rs 1.
- Ex-Date: December 16, 2024
- Record Date: December 16, 2024
This split aims to improve liquidity and make the stock more affordable for retail investors.
Sky Gold: Bonus Shares
Sky Gold will reward its shareholders with a generous 9:1 bonus share issue, meaning 9 new shares for every 1 existing share held.
- Ex-Date: December 16, 2024
- Record Date: December 16, 2024
This significant bonus issue reflects the company’s strong financial performance and commitment to rewarding its investors.
Shish Industries: Stock Split
Shish Industries has announced a 1:10 stock split, reducing the face value of each equity share from Rs 10 to Rs 1.
- Ex-Date: December 17, 2024
- Record Date: December 17, 2024
The stock split is expected to enhance liquidity and attract new investors.
Rajeshwari Cans: Bonus Shares
Rajeshwari Cans will issue bonus shares in a 1:1 ratio, offering 1 bonus share for every 1 share held.
- Ex-Date: December 19, 2024
- Record Date: December 19, 2024
However, investors should note that Rajeshwari Cans is under the Enhanced Surveillance Measure - Stage 1 on the BSE, requiring caution.
Bharat Seats: Bonus Shares
Bharat Seats will issue bonus shares in a 1:1 ratio, rewarding shareholders with an additional share for every existing share.
- Ex-Date: December 20, 2024
- Record Date: December 20, 2024
This bonus issue underlines the company’s robust growth strategy and shareholder focus.
Linc Limited: Stock Split and Bonus Shares
Linc Limited is drawing attention with a dual corporate action:
- Stock Split: Each equity share of Rs 10 will be split into 2 shares of Rs 5.
- Bonus Shares: Shareholders will receive 1 bonus share for every 1 share held.
- Ex-Date: December 20, 2024
- Record Date: December 20, 2024
This move not only enhances liquidity but also rewards shareholders with increased holdings, reflecting the company’s strong financial health.
Why Investors Should Pay Attention
- Enhanced Liquidity: Stock splits and bonus shares often result in increased trading activity, making shares more accessible to retail investors.
- Increased Returns: Corporate actions like bonus issues reward long-term shareholders by increasing their holdings without additional investment.
- Opportunity for Growth: Companies announcing such actions are generally optimistic about their future growth prospects, making them attractive to investors.
Investment Strategy for Ex-Dividend Stocks
For investors looking to capitalize on these corporate actions:
- Ensure you purchase shares before the ex-date to qualify for the benefits.
- Monitor stock performance post-action, as share prices often adjust to reflect the changes.
- Consider long-term prospects of the company before investing, especially in cases of bonus shares or stock splits.
Also Read: Linc Stock Split and Bonus Shares: Record Date Announced! - Read Now
