IGI India, Power Finance Corp, and More to Trade Ex-Dividend Next Week – Full List
IGI India : Several prominent companies, including International Gemological Institute (IGI) India, Power Finance Corporation (PFC), Panchsheel Organics, and SBI Cards and Payment Services, are set to trade ex-dividend next week. These corporate actions will impact investors, as stocks trading ex-dividend adjust their market price to reflect the payout.
In addition to dividends, some companies have announced bonus issues and stock splits. Investors must stay updated on these changes as they influence stock prices and shareholder returns.
Understanding the Ex-Dividend Date
The ex-dividend date is a crucial milestone for dividend-paying stocks. On this date, a stock trades without the right to receive the upcoming dividend. Investors who purchase shares on or after the ex-dividend date will not be eligible for the payout; only those who held shares before this date qualify.
Stocks Trading Ex-Dividend in the Upcoming Week
Monday, February 24
- ASM Technologies Ltd. – Interim dividend of Re 1 per share.
- Prithvi Exchange (India) Ltd. – Interim dividend of Re 1 per share.
Tuesday, February 25
- SBI Cards and Payment Services Ltd. – Interim dividend of ₹2.5 per share.
Friday, February 28
- Bhatia Communications & Retail (India) Ltd. – Interim dividend of ₹0.01 per share.
- International Gemological Institute (IGI) India Ltd. – Interim dividend (amount not specified).
- Panchsheel Organics Ltd. – Interim dividend of ₹0.8 per share.
- Power Finance Corporation Ltd. – Interim dividend of ₹3.5 per share.
Bonus Issues Announced for the Upcoming Week
A bonus issue occurs when a company distributes additional shares to its existing shareholders at no cost. This increases the number of outstanding shares while maintaining the company’s market capitalization.
- Jindal Worldwide Ltd. – Bonus issue in the ratio of 4:1 (four additional shares for every one held). Ex-bonus date: Friday, February 28.
Stock Splits Scheduled for the Upcoming Week
A stock split increases the number of shares by reducing the face value per share, making the stock more affordable to investors while keeping the overall value unchanged.
- Oasis Securities Ltd. – Stock split from ₹10 to Re 1. Ex-split date: Friday, February 28.
- RDB Realty & Infrastructure Ltd. – Stock split from ₹10 to Re 1. Ex-split date: Friday, February 28.
Other Corporate Actions
Apart from dividends, bonus issues, and stock splits, other corporate actions are scheduled for the upcoming week:
- Global Infratech & Finance Ltd. – Resolution Plan, Suspension on Tuesday, February 25.
- Nava Ltd. – Share buyback on Friday, February 28.
Financial Ratios of Key Companies
To help investors make informed decisions, here are the financial ratios of some key companies trading ex-dividend next week:
| Company Name | P/E Ratio | Dividend Yield (%) | ROE (%) | Debt-to-Equity Ratio |
|---|---|---|---|---|
| SBI Cards & Payment Services Ltd. | 31.2 | 0.75 | 15.4 | 3.2 |
| Power Finance Corporation Ltd. | 5.8 | 7.5 | 18.1 | 5.6 |
| Panchsheel Organics Ltd. | 12.6 | 1.2 | 12.9 | 0.4 |
| IGI India Ltd. | 21.4 | NA | 14.7 | 0.2 |
| ASM Technologies Ltd. | 18.9 | 1.8 | 16.5 | 0.6 |
Investor Takeaway
Corporate actions such as dividends, bonus issues, and stock splits can significantly impact stock prices and investor sentiment. Dividend-paying stocks provide a steady income stream, while bonus issues and stock splits improve liquidity and market participation.
Investors should closely monitor ex-dividend dates and other corporate actions to make well-informed investment decisions. Conducting thorough research, understanding financial ratios, and aligning investments with long-term financial goals can help maximize returns.
Stay tuned for more updates on the latest stock market movements and corporate actions.
For more market insights, follow our news.
Stay tuned for more updates and insights on the stock market! For more insights on investing in the Indian stock market, check out resource like ET, NSE India.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.