Shriram Finance among 8 stocks nearing ex-dates for dividends, bonus, splits next week. Do you own?
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A few stocks, including Shriram Finance, will be in focus next week as they reach their record dates for corporate actions including dividends, bonus shares, and stock splits. The record date serves as a cut-off date for companies to determine the eligibility of shareholders to qualify for corporate benefits. For shareholders to be eligible for buybacks, bonus issues, or stock splits, they must hold shares in their demat accounts on the record date. To qualify for these corporate benefits, investors need to purchase shares at least one trading day before the ex-date, as settlements occur the following day. Those who buy shares on or after the ex-date will not be entitled to these corporate actions. The following companies have upcoming ex-dates this week for various corporate actions: Wednesday, January 8 Stock split AA Plus Tradelink had announced a stock split from Rs 10 to Rs 1. Jagsonpal Pharmaceuticals had announced a stock split fr...