Stocks to watch: 7 Stocks that will turn EX-dividend, bonus and split this week

A dividend is a portion of a company’s profits that is paid out to its shareholders. When a company accumulates retained earnings, management can choose to reinvest in the business to fuel growth, pay off debts, or save for future needs. 

A stock split means a company divides its existing shares into more shares. The total value of the company stays the same, but investors get more shares for each share they own. 

A bonus issue, also known as a scrip issue or a capitalization issue, is an offer of free additional shares to existing shareholders. 

Here are three stocks that will trade ex-dividend in the coming week:

1. Styrenix Performance Materials Limited 

With a market capitalization of Rs. 5,305.58 crore, the share price of Styrenix Performance Materials Company closed at Rs. 3,017 per share on Friday, 1.21 percent higher than its previous close. 

The company is issuing an interim dividend of Rs. 31 per equity share, representing a 310 percent payout over the face value of Rs. 10 per share. The record date for the dividend is set as 17th December 2024. The company has a dividend yield of 3.25 percent. 

2. Bambino Agro Industries Limited 

With a market capitalization of Rs. 308.98 crore, the share price of Bambino Agro Industries Company closed at Rs. 385.80 per share on Friday, 1.58 percent higher than its previous close. 

The company is issuing a final dividend of Rs. 1.6 per equity share, representing a 16 percent payout over the face value of Rs. 10 per share. The record date for the dividend is set as 19th December 2024. The company has a dividend yield of 0.41 percent. 

3. Sacheta Metals Limited 

With a market capitalization of Rs. 67 crore, the share price of Sacheta Metals Company closed at Rs. 5.36 per share on Friday, 4.89 percent higher than its previous close. 

The company is issuing an interim dividend of Rs. 0.05 per equity share, representing a 2.5 percent payout over the face value of Rs. 2 per share. The record date for the dividend is set as 19th December 2024. The company has a dividend yield of 0.93 percent. 

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Here are a few companies to watch in the coming weeks that have announced bonus Shares: 

1. Rajeshwari Cans Limited

With a market capitalization of Rs. 337.29 crore, Rajeshwari Cans Ltd’s share price closed at Rs. 642.95 per share on Friday, raising by 4.96 percent from its previous close. 

The company has announced a bonus issue in a 1:1 ratio, granting shareholders one additional share for every one share they hold. The record date for this is set for December 19, 2024. 

2. Bharat Seats Limited 

With a market capitalization of Rs. 731.78 crore, Bharat Seats Ltd’s share price closed at Rs. 233.05 per share on Friday, falling 0.19 percent from its previous close. 

The company has announced a bonus issue in a 1:1 ratio, granting shareholders one additional share for every one share they hold. The record date for this is set for December 20, 2024. 

3. Linc Limited 

With a market capitalization of Rs. 1,026.71 crore, Linc Ltd’s share price closed at Rs. 690.35 per share on Friday, raising by 2.41 percent from its previous close. 

The company has announced a bonus issue in a 1:1 ratio, granting shareholders one additional share for every one share they hold. The record date for this is set for December 20, 2024. 

The company has also announced a stock split in a 1:2 ratio, dividing each Rs. 10 shares into two Rs. 5 shares. The record date for this split is December 20, 2024. 

Here are a few companies to watch in the coming weeks that have announced stock splits: 

1. Shish Industries Limited 

With a market capitalization of Rs. 479.37 crore, Shish Industries Ltd’s share price closed at Rs. 134.65 per share on Friday, falling by 0.22 percent from its previous close. 

The company has also announced a stock split in a 10:1 ratio, dividing each Rs. 10 share into ten Re.1 shares. The record date for this split is December 17, 2024. 

Written By – Nikhil Naik

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