NBCC, Jupiter Wagons Lead 10 Stocks Set for Dividends & Stock Splits This Week – Are You Eligible?

This week, several companies, including NBCC (India) and Jupiter Wagons, will be in focus as they approach key dates for dividends, bonus issues, and stock splits.

Understanding Record Dates:

A record date is when a company determines which shareholders are eligible to receive dividends, bonus shares, or benefit from a stock split. To qualify, investors need to have their shares in their demat account by the record date. Buying a stock at least a day before the ex-date ensures eligibility for the benefits, as the settlement happens the next day. However, buying shares on the ex-date disqualifies investors from receiving the dividend, split, or bonus.

Here’s a list of important dates and actions for the upcoming week:

Monday, October 7

• Dividend:
• Jupiter Wagons has declared a dividend of ₹1 per share.
• KP Energy has declared a dividend of ₹0.1 per share.
• Bonus Issue:
• NBCC (India) has announced a 1:2 bonus share issue. The record date is set for October 7.
• Rights Issue:
• Geojit Financial Services announced a rights issue of 1 share for every 6 existing shares, with October 7 as the record date.

Tuesday, October 8

• Bonus Issue:
• Power Mech Projects announced a 1:1 bonus share issue. The record date is October 8.

Wednesday, October 9

• Dividend:
• Shraddha Prime Projects declared a dividend of ₹0.20 per share.
• Stock Split:
• Jindal Saw will be splitting its stock from ₹2 per share to ₹1 per share. The record date is October 9.

Thursday, October 10

• Stock Split:
• New Light Apparels will split its stock from ₹10 per share to ₹1 per share. The record date is October 10.

Friday, October 11

• Dividend:
• Blue Cloud Softech Solutions declared a dividend of ₹0.02 per share.
• Stock Split:
• Rajnish Retail will be splitting its stock from ₹5 per share to ₹1 per share. The record date is October 11.

These companies will be watched closely by investors as they take action on their dividends, bonus shares, and stock splits over the coming days.