Dividend, Bonus, Ex-Split Stocks Today: Maharashtra Seamless , Global Education & Dev Information Technology to trade ex-bonus, ex-dividend, ex-split date today
Dividend, Bonus, Ex-Split Stocks Today: Two stocks are going to trade ex-dividend date today, November 25, one stock will trade ex- bonus and one stock will trade ex-split date today. Dividend, Bonus, Stock Split are corporate actions.
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.
Global Education Limited
Global Education Limited Global Education Limited has announced an interim dividend of Re 1.50 per share with a face value of Rs 5. November 26 has been set as the record date. Pic: Freepik
Maharashtra Seamless Limited
Maharashtra Seamless Limited Maharashtra Seamless Limited has announced a bonus in a 1:1 ratio for the stock face value of Rs 5 and has set the record date as November 28. Pic: Pixabay
Dev Information Technology Limited
Dev Information Technology Limited Dev Information Technology Limited serves the record date for stock split. Dev IT shares will be divided in 1:2 ratio. Shareholders are entitled for the purpose of sub-division of 1 fully paid-up equity share of the company having face value of Rs 10/- each, into 2 fully paid-up equity share having face value of Rs 5/- each fully paid-up. November 25 has been set as the record date. Pic: Pixabay
Manaksia Limited
Manaksia Limited Manaksia Limited has announced an interim dividend of Re 3 per share with a face value of Rs 2. November 25 has been set as the record date. Pic: Pixabay