Angel One among 7 stocks approaching record dates for dividend, bonus, splits next week

Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances.

The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock splits, and bonus shares. Investors must ensure their shares are reflected in their demat accounts on or before this date to qualify.

Due to the T+1 settlement cycle, shareholders must purchase stock at least one day before the ex-date to be eligible for dividends, bonus shares, or stock splits. Purchasing shares on the ex-date will disqualify investors from receiving these benefits.

With the current settlement framework, the record date and ex-date usually coincide, simplifying tracking for investors. However, this may differ if the ex-date is followed by a market holiday.

Here is a list of stocks with their respective record dates for various corporate actions next week:

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Monday, January 20

Stock Split

Blue Cloud Softech Solutions will undergo a stock split from Rs 2 per share to Re 1 per share.

Nava Ltd will undergo a stock split from Rs 2 per share to Re 1 per share.

Tuesday, January 21

Dividend

Angel One has announced an interim dividend of 110%, which translates to Rs 11 per share.

Wednesday, January 22

Dividend

Havells India has announced an interim dividend of Rs 4 per share.

Friday, January 24

Bonus Issue

BN Rathi Securities has announced a bonus issue in the ratio of 1:1.

Stock Split

BN Rathi Securities will also undergo a stock split from Rs 10 per share to Rs 5 per share.

Dividend

DCM Shriram will announce its dividend today, had fixed January 24 as the record date for determining shareholder eligibility.

Vidhi Specialty Food Ingredients will announce its dividend on Monday and has fixed January 24 as the record date for determining shareholder eligibility.

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