Dividend, Bonus, Ex-Split Stocks Today: CL Educate, Crown Lifters, Crown Lifters to trade ex-bonus, ex-dividend, ex-split date today
Dividend, Bonus, Ex-Split Stocks Today: A total of 3 stocks are in focus today as they would trade ex-dividend, ex- bonus and ex-split. A dividend is when a company pays a certain amount to the shareholders as a reward without reducing its cash balance. A portion of the company's profit is distributed to its shareholders either as an interim dividend or final dividend whereas a Bonus is nothing but an additional share that a company issues to its existing shareholders--free of cost! When a bonus share is issued, the price of the stock is adjusted in the ratio of the bonus.
A stock split is when a company issues additional shares to shareholders by increasing the total by the specified ratio.
An ex-dividend, ex-bonus or ex-split date it is a cut-off date for buying stock to receive dividend, bonus or benefits of others corporate actions.
CL Educate Limited
CL Educate Limited CL Educate has announced a bonus in a 1:1 ratio for the stock face value of Rs 5 and has set the record date as December 16. Pic: Freepik
Crown Lifters Limited
Crown Lifters Limited Crown Lifters has announced an interim dividend of Re 0.20 per share with a face value of Rs 10. December 16 is also the record date. Pic: Freepik
Lancer Container Lines Limited
Lancer Container Lines Limited Lancer Container Lines serves as the record date for stock split. Lancer Container Lancer Container Lines shares will be divided in a 1:2 ratio. Shareholders are entitled for the purpose of sub-division of 1 fully paid-up equity share of the company having a face value of Rs 10/- each, into 2 fully paid-up equity share having face value of Rs 5/- each fully paid-up. December 16 has been set as the record date. Pic: Pixabay