Bonus & Splits Erupt: Nearly 67 Stocks Brace for Corporate Actions as Dividends Flood Markets

Bonus & Splits Erupt: Nearly 67 Stocks Brace for Corporate Actions as Dividends Flood Markets​

Nearly 67 companies, including NBCC, MCX India, Paras Defence, and NALCO, have fixed their record dates for various corporate actions this week. Investors who hold shares in these listed entities must ensure their demat accounts are ready on the respective record date to be eligible for dividends, stock splits, or bonus issues.

The action calendar is varied, featuring final dividend payouts alongside complex equity structure changes like rights offers and stock consolidation. While the list remains tentative, this concentrated period of corporate actions provides a significant event watch for the market.

Major Dividend Payouts Across Sectors​

Dividend-heavy sectors are set to see several high-impact payouts throughout the week. Gillette India has announced a substantial dividend of Rs 60 per share for those scheduled on Monday. Similarly, Procter & Gamble Health is slated to pay a significant final dividend of Rs 45 per share on Thursday.

Corporate gains are also expected in financial and commodities sectors. Multi Commodity Exchange of India (MCX) is set to distribute a final dividend of Rs 8 per share on Friday. Power Finance Corporation will meanwhile announce an interim dividend of Rs 3.9 per share on Thursday.

Equity Restructuring: Rights Issues, Bonus and Splits​

The week features several significant changes in the capital structure for various firms. TD Power Systems has set Monday as its record date for a 1:1 stock split, while Mayank Cattle Food and Abhishek Integrations are marking their records for respective 1:1 bonus issues.

Rights offers remain a key theme on Tuesday. Ratnaveer Precision Engineering is offering a rights issue of 7 shares for every 40 shares held at Rs 264 per share. Esaar (India) will also mark its record date for a rights issue, proposing 44 shares for every 15 shares held at Rs 10 per share.

The Week's Corporate Action Calendar Highlights​

Monday marks the start of corporate action intensity, with Senco Gold fixed to pay a final dividend of Re 1 per share. National Aluminium Company (NALCO) will also distribute Re 1 per share on Monday.

Tuesday brings mixed actions, including Mittal Life Style’s stock consolidation from Rs 1 to Rs 10. Ducon Infratechnologies is slated for a rights issue of 10 shares for every 13 shares held at Re 1 per share that day.

Thursday focuses on crucial payouts like Power Finance Corporation's interim dividend and DOMS Industries’ final payout of Rs 3.65 per share. The action slate remains heavily weighted towards dividends across the week.

Friday Sees High Volume of Dividends and Actions​

The busy schedule for Friday includes 33 companies with corporate actions, driving significant activity. Protean e-Gov Technologies is set to announce a final dividend of Rs 10 per share on Friday.

NBCC is among the key stocks scheduled to pay an interim dividend of Rs 0.46 per share. Multi Commodity Exchange (MCX) will distribute a final dividend of Rs 8 per share. Rotographics (India) and Spice Islands Industries have also set their record dates for stock splits on Friday.