DIVIDENDS
3 stocks to trade ex-rights tomorrow. Last opportunity to buy shares
A rights issue occurs when a company asks its current shareholders to buy additional shares at a discount before a certain date. This gives shareholders the right, but not the obligation, to purchase new shares at a discount to the market price up to a specified future date.
Burberry axes CEO and dividend, warns on profit
Burberry appointed Joshua Schulman, ex-Michael Kors CEO, and warned of profit shortfalls, canceling its dividend amid a 21% sales drop by June 29. Jonathan Akeroyd departed immediately. The 168-year-old brand, renowned for dressing English upper classes, refocuses on core customers, classic check prints, and second-half improvement, moving away from bold colors.
CDSL, and Nestle among 16 stocks trading ex-dividend from Tuesday. Last chance to buy!
Dividends are distributed to shareholders listed in the company's database on the record date. With the T+1 settlement framework, the record date and ex-date align in most cases, except when a market holiday follows the ex-date.
TCS, CDSL and 56 other stocks set to issue dividends, bonuses or stock splits this week
TCS, CDSL, Amara Raja, and several other companies are expected to be in focus this week as they approach their record dates for dividends, bonus issues, and stock splits. The record date, set by companies, determines which shareholders are eligible to receive benefits such as buybacks, bonus issues, or stock splits.
United Spirits, Axis Bank among 18 stocks to trade ex-dividend from Friday
Here's a concise synopsis: Dividends are distributed to shareholders whose names are listed in the company's records on the record date. With the T+1 framework, the record date and ex-date are usually identical, except when a market holiday falls after the ex-date.
Mphasis to trade ex-dividend tomorrow; last chance to be eligible for Rs 55 dividend
Mphasis announced a dividend of Rs 55 per share for eligible shareholders for Q4FY24. Today is the last day to buy shares to qualify for the dividend payment. Shareholders have been consistently rewarded over the years.
Nestle India declares Rs 2.75 interim dividend for FY25; shareholders approve ongoing royalty fee to parent
The interim dividend for the financial year 2024-25, along with the final dividend for the 15-month period ending March 2024, will be distributed starting August 6, 2024. Shareholders listed on the company's register or as beneficial owners with depositories on the record date of July 16th will receive the payment.
RailTel announces final dividend for FY24 at Rs 1.85/share
RailTel Corporation of India's board of directors on Monday recommended a final dividend at Rs 1.85 per equity share for the financial year 2023-24.
Nestle India board declares interim dividend of Rs 2.75. Check record date
Nestle India Interim Dividend: Nestle India declares an interim dividend of Rs 2.75 per share for eligible shareholders. The company's standalone net profit increases by 27% YoY.
Polycab, United Spirits among 38 companies with dividend bonus, stock split this week. Do you own any?
Polycab, United Spirits, Mahindra Logistics are in focus for dividends, bonuses, and stock splits. Key stocks include Clara Industries (4:1 bonus July 8), Deep Industries (Rs 2.44 dividend July 9), JSW Steel (Rs 7.3 dividend July 9), Mphasis (Rs 55 dividend July 10), Mahindra Lifespace Developers (Rs 2.65 dividend July 12), and Vantage Knowledge Academy (stock split July 12).
South Korean shares hit over 29-month high, Samsung Electronics shines
South Korean financial markets experience a surge, with shares hitting a 29-month high driven by Samsung Electronics' expected profit increase. Auto and financial sectors also see gains due to dividend policy measures. Bank of Korea suggests structural reforms for addressing high living costs. Foreign investors show interest with net share purchases. Market yields decline notably.
3M India shares to trade ex-dividend on Friday, last chance to buy for Rs 685-dividend eligibility
3M India is expected to draw attention today following its announcement of a dividend of Rs 685 per share for eligible shareholders alongside its Q4 FY24 results. With July 5 set as the record date, today marks the final opportunity for investors to purchase shares to qualify for the dividend payment.
M&M, Escorts Kubota among 12 stocks to trade ex-dividend today
Investors rejoice as companies like Piramal Enterprises and Thermax unveil thrilling dividend announcements, promising substantial returns. With the record date fast approaching on July 5, shareholders are on the edge of their seats, eager to seize the opportunity and maximize their gains in the dynamic market environment.
SKF India, Tata Power among 5 stocks to trade ex-dividend tomorrow
Investors rejoice as lucrative dividend opportunities await with Tide Water Oil Company (India) trading at around Rs 2,389.85 on BSE, declaring a generous dividend of Rs 20 per share for eligible shareholders on July 4.
IT stocks: A comeback which just needs a bit more confirmation; 7 stocks with an upside potential of up to 23%
Just before the expiry of the June series contract, bulls were seen in a segment of the market which has been long ignored by them — IT stocks. Because the upward movement was taking place at the end of expiry, one could not rule out the element of short covering. If one looks a bit deeper in the trend in IT stocks, two things have become clear. That while the news and opinion has been negative, the price action has not been so bad as has been painted. Now let's look at what happened in the IT sector and why there could be a case for contrarian buying. Yes, the sector has some headwinds which not many had thought would appear two years back. But the bigger question is whether this phase of underperformance is about to get over or not. It might be time to shed the bias of negativity around large IT players.
3M India, M&M among 25 stocks that will trade ex-dividend this week. Do you own any?
Dividends are distributed to shareholders whose names are listed in the company's records on the record date. With the adoption of the T+1 settlement system, the record date and ex-dividend date are usually identical, except when market holidays occur immediately following the ex-date. Investors who buy the stock at least one day before the ex-date qualify for dividends, as settlement happens on the ex-date.
Top U.S. banks hike dividends after sailing through Fed's stress test
U.S. banking leaders increase third-quarter dividends following successful Federal Reserve stress tests, demonstrating robust financial health amid economic uncertainty.
HAL board approves dividend of Rs 13/share for FY4
The board of HAL approved a final dividend of Rs 13 per share for FY23-24. The proposed record date for dividend payment is August 21, pending shareholders' approval. Additionally, HAL has increased its authorized share capital from Rs 600 crore to Rs 700 crore by amending the capital clause of its MoA.
HAL to consider final dividend payout for FY23-24 on June 26
On Wednesday, Hindustan Aeronautics (HAL), a defense PSU, disclosed its plan to discuss the payment of the final dividend for the fiscal year 2023-24 during its board meeting scheduled for June 26th.
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