PFC among 9 stocks with upcoming dividend and split record dates. Do you own any?
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Shares of PFC and SBI Cards, along with several other companies, are expected to draw attention next week as their record dates for corporate actions — such as dividends, rights issues, bonus share issuances, and stock splits — approach. The record date serves as the cutoff for identifying which shareholders qualify for benefits like dividends, bonus shares, and stock splits. To be eligible, investors must have their shares recorded in their Demat accounts on or before this date. Under the T+1 settlement system, shares must be purchased at least one day before the ex-date to qualify for these benefits. Buying on the ex-date itself disqualifies investors from receiving dividends, bonus shares, or stock splits. With the T+1 settlement framework, the record date and ex-date typically coincide, simplifying the process for investors to confirm their eligibility. However, this alignment may change if the ex-date is followed by a market holiday....