In February important updates - dividend, bonus and stock split information
What is Dividend - Dividend is the payout to shareholders and it is done by company on profit earned, this would be released quarterly.
What is Bonus issue of shares- Bonus issue is announced by company for issuing bonus shares on shareholders having shares. Like 1:1 ratio if one share having in portfolio on record date, then one bonus share will be added in portfolio.
For example for 10 shares 1 share is bonus allotted, if share holder has less than 10 shares then that time fractional shares will be allotted and payment would be done for this fractional shares.( Fractional shares means less than one share that is like 0.67)
What is Stock split - stock split is a corporate action on the stock, here stock will be split on ratio based on face value, if face value is Rs 10 and split is Rs 10 to Rs 5 then one share will be debited and two shares will be credited. Shareholder should have share on that record date to get splits of shares.
Dividend(Final/ Interim Dividend):
Company name - Dividend Amount - Record date
* Dalmia Bharat Sugar and Industries Ltd - Rs 4.5 - Feb 17
* Oil India Ltd - Rs 7 - Feb 17
* Hindustan Aeronautics Ltd - Rs 25 - Feb 18
* IRCTC - RS 3- Feb 20
* BOMBAY BURMAH TRADING CORP.LTD. - Rs 13 - Feb 21
Bonus:
Company name - Split Ratio - Record date
* GUJARAT TOOLROOM LTD. - 5:1 - Feb 18
* KOTHARI PRODUCTS LTD. - 1:1 - Feb 18
Stock split:
Company name - Split Ratio - Record date
* Capital India Finance Ltd- 1:5 - Feb 17
** Daily update will be happened in all three sections Dividend, Bonus and Stock split**
** Along these some more companies have corporate events in this month **
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