Upcoming Dividend, Bonus and Stock Split: Which Companies have record dates set for this week?

This week, a number of companies have announced important financial updates like record dates for dividends, bonuses and stock splits. Some of the companies whose announcement has been made are:

L&T Technology Services

L&T Technology Services has declared a dividend of INR 33 per share. This is the highest ever dividend from the company till date. The record date for this is June 14, 2024.

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Bajaj Auto

Bajaj Auto has announced a final dividend of INR 80 per share. The record date for Bajaj Auto’s dividend is also June 14, 2024. Bajaj Auto had also recently completed buyback of shares at INR 10,000 each.

Tata Technologies

Tata Technologies has declared to pay a final dividend of INR 8.4 per share. This will be paid along with a special dividend of INR 1.65 per share. The record date for these dividends is June 13, 2024.

Adani Ports and ACC

Adani Ports has declared a final dividend of INR 6 per share. Whereas, ACC has announced a final dividend of INR 7.5 per share. Both the companies have set their record date as June 14, 2024.

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Cheviot

Cheviot has announced a buyback of 1.75 lakh equity shares. The buyback will be done at a price of INR 1,800 per share and will be of total INR 31 crore. They have also declared a dividend of INR 5 per share. The record date for both the buyback and the dividend is June 14, 2024.

Kamdhenu Ventures

Ventures will undergo a stock split. With this, there will be a change in the face value of its shares from INR 5 to INR 1. The record date for the stock split is June 14, 2024. Following this, they will issue of one bonus share for every share held last year.

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This article has been written by Mr. Radhesh Tarang Shah, who is a third-year management student at Institute of Management, Nirma University. He has a passion for writing articles and poems. He has experience as a financial analyst, author, news writer, marketer and social worker

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