Several companies, including Achyut Healthcare, Shradha AI Technologies, Quasar India, and PC Jeweller, are set to trade ex-dividend in the upcoming week. With corporate actions like dividend payouts, bonus issues, and stock splits, investors have plenty to focus on. These activities not only impact stock prices but also determine shareholder eligibility for various benefits, making them essential dates for market participants.

What Does Ex-Dividend Mean?

The ex-dividend date is crucial for shareholders. It’s the cut-off date for buying shares to qualify for declared dividends, bonuses, or other corporate actions. Investors purchasing shares after the ex-dividend date are not eligible for the benefits. Let’s explore the key updates for companies trading ex-dividend next week.

Key Companies and Their Ex-Dividend Updates

Ceenik Exports (India)

Ex-Dividend Date: December 13, 2024
Dividend Details: The company has declared a final dividend of 10% (₹1 per equity share) for FY 2023-24. This dividend is subject to shareholder approval at the Annual General Meeting.

Achyut Healthcare

Ex-Dividend Date: December 10, 2024
Corporate Actions:

• Stock Split: Each equity share with a face value of ₹10 will be subdivided into 10 shares of ₹1 each.
• Bonus Issue: Shareholders will receive 4 bonus shares for every 10 shares held (post-split).

Record Date: December 10, 2024, for both the stock split and bonus issue.

Shradha AI Technologies

Ex-Dividend Date: December 10, 2024
Corporate Action: The company has announced a stock split, reducing the face value of each equity share from ₹5 to ₹2.
Record Date: December 10, 2024.

Exxaro Tiles

Ex-Dividend Date: December 13, 2024
Corporate Action: The company plans a stock split, converting each equity share of ₹10 into 10 shares of ₹1 each.
Record Date: December 13, 2024.

Quasar India

Ex-Dividend Date: December 11, 2024
Corporate Action: A rights issue will allow shareholders to purchase additional equity shares. Eligible investors will receive eight shares for every share held at ₹1.14 per share.
Record Date: December 11, 2024.

PC Jeweller

Ex-Dividend Date: December 16, 2024
Corporate Action: The company’s first-ever stock split will divide 1 equity share of ₹10 into 10 shares of ₹1 each.
Record Date: December 16, 2024.

Why Should Investors Track Ex-Dividend Dates?

For investors, the ex-dividend date plays a critical role in planning their portfolio strategy. Understanding these dates ensures eligibility for dividends, bonuses, and splits, offering potential returns beyond market price changes.

Conclusion

Next week’s ex-dividend activity highlights corporate actions across several industries, providing both opportunities and considerations for investors. Companies like Achyut Healthcare and PC Jeweller offer value-driven actions such as stock splits and bonus issues. Staying updated on these events is crucial for maximizing investment returns.

Keep an eye on these ex-dividend stocks to make informed trading decisions and capitalize on corporate benefits!