33 Companies Announce Dividends, Stock Splits, and Bonuses This Week

Strategic Insights -

Between June 23 and June 28, a total of 33 companies across various sectors, including banking, FMCG, and industrial majors, are set to execute key corporate actions such as dividend payouts, stock splits, and bonus share issues. This week marks a significant period for investors, with several big names like HDFC Bank, Hindustan Unilever, and Cipla lining up dividend payouts. Additionally, two companies, V-Mart Retail and Investment & Precision Castings, will issue bonus shares, while Laddu Gopal Online Services, Elitecon International, and Padam Cotton Yarns will undergo stock splits.

Key Takeaways:

  • 33 companies, including HDFC Bank, Hindustan Unilever, and Cipla, have lined up dividend payouts between June 23 and June 28.
  • HUL is offering a final dividend of Rs 24 per share with a record date of June 23.
  • HDFC Bank will distribute a Rs 22 dividend per share, effective June 27.
  • Cipla will distribute Rs 13 final and Rs 3 special dividend, making it one of the few with a double payout.
  • Swaraj Engines leads the payout chart with a dividend of Rs 104.50 per share, scheduled for June 27.
  • Maharashtra Scooters is declaring Rs 30 final and Rs 30 special dividend, totaling Rs 60 per share.
  • V-Mart Retail will issue 3 bonus shares for every 1 share held, effective June 23.
  • Investment & Precision Castings will reward shareholders with a 1:1 bonus issue, doubling the share count in eligible demat accounts on June 27.
  • Laddu Gopal Online Services will conduct a 1:5 split (from Rs 10 to Rs 2 face value) on June 24.
  • Elitecon International will reduce its face value from Rs 10 to Rs 1 on June 25.
  • Padam Cotton Yarns will implement a 1:10 stock split on June 27.

Statistics:

  • Total companies announcing dividend payouts: 33.
  • Companies offering final dividend: 17.
  • Companies offering interim dividend: 6.
  • Companies offering special dividend: 4.
  • Companies announcing bonus issues: 2.
  • Companies conducting stock splits: 3.
  • Value of HUL's final dividend: Rs 24 per share.
  • Value of HDFC Bank's dividend: Rs 22 per share.
  • Value of Cipla's double-payout: Rs 13 final and Rs 3 special dividend.
  • Value of Swaraj Engines' dividend: Rs 104.50 per share.
  • Value of Maharashtra Scooters' dividend: Rs 60 per share.
  • Number of bonus shares issued by V-Mart Retail: 3 for every 1 share held.
  • Number of bonus shares issued by Investment & Precision Castings: 1 for every 1 share held.

Sources:

  • IE Online Media Services Pvt. Ltd.
  • Contify.com