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Indian Companies Set Dividends, Splits Record Dates This Week

Indian Companies Set Dividends, Splits Record Dates This Week
Dividends, stock splits alert! Corporate actions this week: IRCTC, BEML, Dixon Tech and more - Record dates, full list · livemint.com

Many companies are announcing dividends or changing the number of shares they have.

A dividend is money paid to people who own shares.

A stock split divides one share into several smaller-value shares.

More than 170 companies have record dates between September 21 and September 25.

Investors generally need to own the shares in their demat accounts on the relevant record date to qualify.

TAAL Tech plans to turn one ₹10 share into five ₹2 shares.

Naturite Agro Products and Midwest Energy also plan stock splits.

The list is provisional, so more companies could add record dates.

Key facts

Number of companies
More than 170 companies are included in the provisional list.
Covered period
Monday, September 21 to Friday, September 25.
Eligibility requirement
Investors must hold the relevant shares in their demat accounts on the applicable record date.
Highest listed dividend
Maharashtra Scooters has announced ₹160 per share.
IRCTC dividend
IRCTC has announced a dividend of ₹0.50 per share, with September 22 as its stated record-date day.
BEML dividend
BEML has announced a dividend of ₹12.28 per share.
Stock splits
TAAL Tech, Naturite Agro Products and Midwest Energy are scheduled for stock splits in different ratios.

Sources

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