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Bonus issues, stock splits & dividends: SBI among 18 stocks turning ex-date this week. Do you own any?

by theadvisertimes.com
4 months ago
in Business
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Bonus issues, stock splits & dividends: SBI among 18 stocks turning ex-date this week. Do you own any?
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As many as 18 stocks will turn ex-date for corporate actions such as dividends, bonus issues and stock splits in the coming week between May 11 (Monday) and May 15 (Friday). Stocks likely to be in focus include State Bank of India (SBI), Manappuram Finance, Godrej Consumer Products, Anand Rathi Wealth, Indian Energy Exchange (IEX) and more. It is important to note that the interested investors must own the shares of the companies as on the record date in order to be eligible for the dividends, stock splits or bonus shares.Kothari Petrochemicals – Dividend

Kothari Petrochemicals has set May 11 (Monday) as the record date to determine shareholder eligibility for its interim dividend of Rs 1 per share (10%) with a face value of Rs 10 each. The dividend will be paid on or before June 3.

Manappuram Finance – Dividend

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Manappuram Finance has set May 11 (Monday) as the record date to determine shareholder eligibility for its interim dividend of Rs 0.50 per share (25%) with a face value of Rs 2 each. PAE – DividendPAE, whose core activity includes marketing and distributing automotive components, has set May 11 (Monday) as the record date to determine shareholder eligibility for its interim dividend of Rs 0.20 per share with a face value of Rs 10 each. Notably, the stock will also turn ex-record date for its 6:1 bonus issue on May 25.Aptus Pharma – Bonus issue

Aptus Pharma has set May 12 (Tuesday) as the record date for its 3:2 bonus issue. This means that the shareholders who own the shares of the company as on the record date will get 3 bonus shares for every two shares held.

Godrej Consumer Products – Dividend

FMCG-major Godrej Consumer Products has fixed May 12 (Tuesday) as the record date to determine the eligibility of shareholders to receive its interim dividend of Rs 5 per share (500%) with a face value of Rs 1 each. The dividend will be paid on or before June 4.

NRB Bearings – Dividend

Needle roller bearing manufacturer NRB Bearings has fixed May 13 (Wednesday) as the record date to determine the eligibility of shareholders to receive its interim dividend of Rs 2.25 per share (112.5%) with a face value of Rs 1 each.

Brookfield India Real Estate Trust REIT – Dividend

Brookfield India Real Estate Trust REIT has fixed May 14 (Thursday) as the record date to determine the eligibility of shareholders set to receive its prospective dividend, which will be considered and approved by its board of directors during its meeting on Monday.

Oberoi Realty – Dividend

Oberoi Realty has fixed May 14 (Thursday) as the record date to determine the eligibility of shareholders to receive its fourth interim dividend of Rs 2 per share (20%) with a face value of Rs 10 each. The dividend will be paid on or before May 22.

Anand Rathi Wealth – Dividend

Anand Rathi Wealth has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders to receive its interim dividend of Rs 7 per share.

Aptus Value Housing Finance India – Dividend

Aptus Value Housing Finance India has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders to receive its second interim dividend of Rs 2.50 per share (125%) with a face value of Rs 2 each.

Biogen Pharmachem Industries – Bonus issue

Biogen Pharmachem Industries has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders for its 1:6 bonus issue. The company had announced in April that it will issue “1 new equity shares of Rs.1 each for every 6 existing equity shares of Rs.1 each fully paid up”.

Dev Labtech Venture – Bonus issue, stock split

Dev Labtech Venture has set May 15 (Friday) as the record date for 1:1 bonus issue and 1:2 stock split. As part of the bonus issue, eligible shareholders will get one bonus share for every share held in the company as on the record date. As part of the stock split, each share of the company will be split into two shares.

Gopal Snacks – Dividend

Gopal Snacks has fixed May 16 (Saturday) as the record date to determine the eligibility of shareholders to receive its prospective third interim dividend which may be considered and approved by its board of directors during its meeting scheduled on Tuesday. As the record day falls on a weekend when markets are closed, May 15 will be the effective record date.

HBG Hotels – Dividend

HBG Hotels has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders to receive its interim dividend of Rs 0.15 per share (1.5%).

IEX – Dividend

Indian Energy Exchange (IEX) has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders to receive its final dividend of Rs 2 per share with a face value of Rs 1 each.

Kennametal India

Kennametal India has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders to receive its interim dividend of Rs 40 per share (400%).

Nexus Select Trust

Nexus Select Trust has fixed May 15 (Friday) as the record date to determine the eligibility of shareholders to receive its prospective dividend that its board may consider and approve during its upcoming meeting this week.

State Bank of India

State Bank of India (SBI) declared a dividend of Rs 17.35 per equity share for the financial year ended March 31, 2026. The bank has fixed May 16 (Saturday) as the record date for determining the eligibility of shareholders entitled to receive the dividend. As the record date falls on a weekend when markets are closed, May 15 will be the effective record date. The dividend payment is scheduled to be made on June 4, 2026, the bank said in a regulatory filing on Friday.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)



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