Dividend Stocks: Can Fin Homes, 2 More to Trade Without Dividend Next Week; Wipro wants to trade ex-bonus; Check out the full list

Dividend stocks: According to BSE, shares of major companies like Can Fin Homes, Indo Us Bio-Tech and Phoenix Township are set to trade without dividend from Monday, December 2, 2024.

According to BSE data, some of the major companies have announced various corporate actions including stock splits, bonus issues and extraordinary general meetings.

The day on which the stock price adjusts to reflect the next dividend payment is called the ex-dividend date. If the stock goes ex-dividend, from that day on it will no longer have the value of the next dividend payment.

Dividends are payable by the end of the record date to all shareholders whose names appear on the Company’s list.

Below are the stocks that have declared a dividend for the coming week:

Stock trading without dividends on Tuesday, December 3, 2024:

Indo Us Bio-Tech Ltd: The company declared an interim dividend of ₹0.25.

Stock trading without dividends on Wednesday, December 4, 2024:

Can Fin Homes Ltd: The company declared an interim dividend of ₹6.

Stock trading without dividends on Friday, December 6, 2024:

Phoenix Township Ltd: The company declared an interim dividend of ₹0.1.

A stock split is a corporate action in which a company issues additional shares to shareholders to increase liquidity. The total number of shares issued increases by a fixed ratio to the shares previously held.

The following stocks have announced a stock split in the coming week:

Diamond Power Infrastructure Limited will conduct a stock split ₹10 to ₹1. Shares will begin trading on Tuesday, December 3rd as of the split.

Consecutive Investment & Trading Company will conduct a stock split ₹10 to ₹1. Shares will begin trading on Friday, December 6th as of the split.

Eraaya Lifespaces Ltd will conduct a stock split ₹10 to ₹1. Shares will begin trading on Friday, December 6th as of the split.

A bonus issue is a corporate action in which additional shares are issued to existing shareholders. A company can also choose to pay out additional shares instead of a dividend.

Below are the stocks that have announced a bonus issue for the coming week:

Rajoo Engineers Ltd: Bonus issue at 1:3 ratio on December 2nd.

Wipro Ltd: Bonus issue at 1:1 ratio on December 3rd.

Consecutive Investment & Trading Company Ltd: Bonus issue at 1:1 ratio on December 6th.

Other corporate actions

Autopal Industries Ltd: Resolution Plan – Suspension on December 2nd.

Gujarat Natural Resources Limited: Proper issue of shares on December 3rd.

Moongipa Capital Finance Ltd: Proper issue of shares on December 3rd.

Sterling Powergensys Limited: Extraordinary General Meeting (EGM) on December 3rd.

Luharuka Media & Infra Ltd: Extraordinary General Meeting on December 4th.

Mather & Platt Fire Systems Ltd: Resolution Plan – Suspension on 4 December.

Oseaspre Consultants Ltd: Extraordinary General Meeting on December 5th.

Disha Resources Ltd: Extraordinary General Meeting on December 6th.

GRP Ltd: Extraordinary General Meeting on December 6th.

Mahan Industries Ltd: Capital reduction on December 6th.

Neueon Towers Ltd: Resolution Plan – Suspension on December 6th.

Rama Paper Mills Ltd: Extraordinary General Meeting on December 6th.

Strides Pharma Science Ltd: Spin-off on December 6th.