Several Indian companies are set to go ex‑dividend, ex‑split or ex‑bonus this week. Knowing these dates helps you decide whether to buy or hold shares.
What is an ex‑dividend date?
The ex‑dividend date is the day a stock’s price drops by the amount of the upcoming dividend. If you buy on or after this date, you won’t receive the dividend. Only shareholders on the record date (usually a few days later) get the payment.
Companies paying dividends this week
- Jaro Institute of Technology Management and Research Ltd – Interim dividend of ₹2, ex‑dividend on Jan 12, payable Jan 16.
- TAAL Tech Ltd – Interim dividend of ₹35, ex‑dividend on Jan 12, payable Jan 16.
- Tata Consultancy Services (TCS) – Interim dividend, ex‑dividend on Jan 12, payable Jan 16.
What is a stock split?
A stock split increases the number of shares you own while reducing the price per share proportionally. The total value of your holding stays the same, but the lower price can improve liquidity.
Companies splitting shares this week
- SKM Egg Products Export (India) Ltd – 2‑for‑1 split (₹10 to ₹5), ex‑split on Jan 12.
- Kotak Mahindra Bank Ltd – 5‑for‑1 split (₹5 to ₹1), ex‑split on Jan 14.
- Ajmera Realty & Infra India Ltd – 5‑for‑1 split (₹5 to ₹1), ex‑split on Jan 15.
- Best Agrolife Ltd – 10‑for‑1 split (₹10 to ₹1), ex‑split on Jan 16.
What is a bonus issue?
A bonus issue gives existing shareholders extra shares for free, usually instead of a cash dividend. The share count goes up, but the total investment value remains unchanged because the price is adjusted.
Companies issuing bonuses this week
- Authum Investment & Infrastructure Ltd – Bonus ratio 4:1, ex‑bonus on Jan 13.
- Best Agrolife Ltd – Bonus ratio 1:2, ex‑bonus on Jan 16.
Key takeaways for investors
- Buy before the ex‑dividend date if you want the upcoming dividend.
- Splits don’t change the value of your holding, but a lower price may attract more buyers.
- Bonus shares increase your share count without affecting overall value.
- Mark these dates on your calendar to avoid missing out or buying at an adjusted price.
Remember, this is just a guide, not a prediction. Do your own research or consult a certified financial advisor before making any investment decisions.