If you invest in the stock market, the trading week running from July 6 to July 10 deserves your full attention. During this stretch, a total of 49 stocks will be in the spotlight because of dividends, bonus issues and stock splits. For shareholders of these companies, the week matters both in terms of cash rewards and record dates. What makes it even more interesting is the number of big, familiar names on the list, all of which the wider market will be watching closely.
The heavyweights drawing the most attention this week include Sun Pharma, Axis Bank, Dr. Reddy's Laboratories, Titan Company, JSW Steel, Hindalco, Mphasis, Sobha, VST Industries and Nestle. Out of the 49 stocks, 2 are turning ex-bonus in the ratios of 1:3 and 2:1, while 2 stocks are turning ex-split in the ratio of 1:10 each. Notably, the biggest dividend payer of the coming week is Cera Sanitaryware, which is handing out a hefty Rs 75 per share.
What ex-date, record date and bonus really mean
Before we go through the full day-by-day list, it helps to understand why these terms matter to an investor. A dividend is the slice of a company's profit that it distributes to its shareholders. The record date is the day a company decides which shareholders are entitled to that benefit. The ex-date is usually tied to the record date, and from that day the stock begins trading without the attached benefit. So if you want the dividend, bonus or split, you must hold the stock in your demat account before the ex-date.
July 6: Four stocks turn ex-dividend
The week opens with four stocks going ex-dividend. On this date the highest reward is Rs 24 per share, followed by Rs 9 per share. The stocks going ex-dividend are:
- DCM Shriram International: Ex-date for a final dividend of Rs 0.40 per share.
- DJ Mediaprint & Logistics: Ex-date for a final dividend of Rs 0.15 per share.
- Pilani Investment and Industries Corporation: Ex-date for a dividend payout of Rs 9 per share.
- Sundaram Finance: Ex-date for a whopping final dividend of Rs 24 per share.
July 7: Five stocks including Sun Pharma and JSW Steel
On July 7, five stocks turn ex-dividend, and the highest payout this day is Rs 75 per share. The list features heavyweights like Sun Pharmaceuticals, JSW Steel and Dodla Dairy.
- Cera Sanitaryware: Cera is paying the biggest dividend among all the stocks going ex-dividend on this day. After the record date, the company will reward investors with a hefty Rs 75 dividend per share.
- Dodla Dairy: The company will turn ex-dividend for a final dividend of Rs 5 per share.
- JSW Steel: The metal giant will turn ex-dividend for a final dividend of Rs 7.10 per share.
- LKP Securities: Ex-dividend for a final dividend of Rs 0.20 per share.
- Sun Pharmaceutical Industries: The mega pharma company will turn ex-dividend for a final dividend of Rs 5 per share.
July 8: Record date for seven stocks, one goes for a split
On July 8, seven stocks have fixed the record date to identify shareholders eligible for their dividends. Alongside them, one stock will split in the ratio of 1:10.
- Bliss GVS Pharma: Ex-date for a final dividend of Rs 1 per share.
- Hannah Joseph Hospital: Ex-date for a final dividend of Rs 2 per share.
- Kesar Terminals & Infrastructure: Ex-date for a final dividend of Rs 1.25 per share.
- Morarka Finance: Ex-date for a final dividend of Rs 1.50 per share.
- Mphasis: The tech player's dividend of Rs 62 per share will be the highest by any stock on Wednesday.
- United Spirits: Ex-date for a final dividend of Rs 11 per share.
- Gujarat Inject Kerala: This stock turns ex-date for a stock split in the ratio of 1:10. It means one existing equity share will be split into ten shares of a smaller value, while the face value will be reduced from Rs 10 each to Re 1 each.
July 9: Four stocks go ex-dividend, including Titan
On July 9, four stocks turn ex-dividend, and among them is the jewellery giant Titan Company.
- Harsha Engineers International: Ex-date for a final dividend of Rs 1.50 per share.
- RPG Life Sciences: Ex-date for a final dividend of Rs 24 per share.
- Sheela Foam: Ex-date for a final dividend of Re 1 per share.
- Titan Company: The gems and jewellery giant is turning ex-dividend for a reward of Rs 15 per share.
July 10: The biggest day of the week with 29 stocks
A total of 29 stocks are scheduled to turn ex-date on July 10, the highest for any single day of the week. Of these, 26 stocks are turning ex-dividend, while 2 stocks turn ex-bonus and one turns ex-split.
- Apollo Tyres: Ex-dividend for a reward of Rs 2.50 per share.
- Artemis Medicare Services: Ex-date for a final dividend of Rs 0.45 per share.
- Axis Bank: Ex-date for a final dividend of Re 1 per share.
- Birlasoft: Ex-date for a final dividend of Rs 4 per share.
- Computer Age Management Services: Ex-date for a final dividend of Rs 4 per share.
- Control Print: Ex-date for a final dividend of Rs 6 per share.
- D-Link (India): The company will turn ex-dividend for a final dividend of Rs 20 per share plus a special dividend of Rs 7.5 per share. In total, it is paying up to Rs 27.50 per share.
- Dr. Reddy's Laboratories: Ex-date for a final dividend of Rs 8 per share.
- Dynamic Cables: Ex-date for a final dividend of Rs 0.50 per share.
- Geojit Financial Services: Ex-date for a final dividend of Rs 1.50 per share.
- Grindwell Norton: Ex-date for a dividend of Rs 19 per share.
- Hindalco Industries: Ex-date for a final dividend of Rs 5 per share.
- JK Cement: Ex-date for a final dividend of Rs 20 per share.
- JSW Cement: Ex-date for a final dividend of Rs 0.50 per share.
- Mahindra Logistics: Ex-date for a final dividend of Rs 2.50 per share.
- Nestle India: Ex-date for a final dividend of Rs 5 per share plus a special dividend of Rs 2 per share. In total, the FMCG giant is rewarding up to Rs 7 per share.
- The New India Assurance Company: Ex-date for a final dividend of Rs 1.50 per share.
- Nilkamal: Ex-date for a final dividend of Rs 20 per share.
- Orient Electric: Ex-date for a final dividend of Rs 0.75 per share.
- PTL Enterprises: Ex-date for a final dividend of Rs 1 per share.
- Rossari Biotech: Ex-date for a final dividend of Rs 0.50 per share.
- Smartlink Holdings: Ex-date for a final dividend of Rs 2 per share.
- Sobha: Ex-date for a dividend of Rs 6 per share.
- VST Industries: Ex-date for a final dividend of Rs 12 per share.
- Welspun Living: Ex-date for a final dividend of Rs 0.10 per share.
- ZF Commercial Vehicle Control Systems India: Ex-date for a final dividend of Rs 4 per share.
On the same day, two stocks turn ex-bonus and one turns ex-split:
- Goldiam International: Ex-bonus for a bonus issue in the ratio of 1:3. This means the company will give eligible shareholders 1 free share for every 3 existing equity shares.
- Hindusthan Insulators & Industries: Ex-bonus for a 2:1 bonus ratio, meaning 2 free shares for every 1 existing equity share.
- Mangalam Worldwide: The company turns ex-split for a 1:10 split ratio. Accordingly, one equity share will be sub-divided into ten equity shares, and the face value will be split from Rs 10 each to Re 1 each.
Taken together, the week promises plenty of action for investors holding these stocks in their portfolios. Dividends deliver direct cash rewards, while bonuses and splits increase the number of shares you hold. That is why keeping a close eye on each ex-date is essential, so that you can capture the full benefit of these corporate actions.
