Investor Alert: Next Week's Market Moves - Dividends, Bonuses, and Splits You Can't Miss!

Get ready for a flurry of activity in the Indian stock market next week, as several prominent companies are slated to trade ex-dividend, ex-bonus, or ex-split. For savvy investors, understanding these crucial dates is paramount to ensure eligibility for shareholder benefits. From a dividend payout by pharmaceutical giant Glenmark Pharma to a lucrative bonus issue from Paushak, here's everything you need to know to navigate the upcoming corporate actions.

First, let's demystify these terms.

The 'ex-date' (ex-dividend, ex-bonus, ex-split) is the day on or after which a stock trades without the value of the upcoming dividend, bonus, or split. To be eligible for these benefits, investors must purchase the shares before the ex-date. The 'record date' is set by the company to determine which shareholders are eligible to receive the dividend, bonus shares, or the split shares.

Leading the charge next week is Glenmark Pharmaceuticals, which is set to trade ex-dividend on Wednesday, October 25, 2023.

The company has announced an interim dividend of Re 1 per equity share. To secure this payout, shareholders must hold the stock before this date, as the record date also falls on October 25, 2023.

Chemicals manufacturer Paushak Ltd. is offering an exciting opportunity for its shareholders with a bonus share issue.

The company will trade ex-bonus on Friday, October 27, 2023, with the record date also set for the same day. Paushak has approved a bonus share ratio of 1:2, meaning eligible shareholders will receive one new equity share for every two shares they currently hold.

Beyond these major announcements, several other companies are also lined up with their own corporate actions.

On Wednesday, October 25, 2023, investors should note that Manorama Industries (interim dividend of Re 0.75 per share), PTL Enterprises (interim dividend of Rs 2.50 per share), Polyplex Corporation (interim dividend of Rs 15 per share), and Dabur India (interim dividend of Rs 2.75 per share) will all trade ex-dividend.

The record date for these companies is also October 25, 2023.

Moving to Thursday, October 26, 2023, Amrutanjan Health Care will trade ex-dividend for an interim payout of Re 1 per share, with its record date coinciding. Finally, closing out the week on Friday, October 27, 2023, Indian Infotech and Software is scheduled to trade ex-split.

The company has announced a stock split in a 1:10 ratio, changing the face value from Rs 10 to Re 1 per equity share. The record date for this split is also October 27, 2023.

These upcoming dates are vital for investors tracking their portfolios and planning their investment strategies. Ensure you're aware of these deadlines to capitalize on the benefits offered by these companies.

Staying informed is the first step towards smarter investment decisions in the dynamic Indian equity market!