Upcoming Dividend and Bonus Announcements
In the upcoming week, numerous listed companies are poised to distribute dividends. Notable among them are Reliance Industries, Oil India, ICICI Securities, Hindustan Aeronautics, and Railtel Corporation, all of which will be trading ex-dividend between August 21 and August 25.
Reliance Industries is extending a final dividend of Rs. 9 per share, scheduled with a record date of August 21. On August 21, ICICI Securities will pay out a final dividend of Rs. 9.25 per share. Come August 24, Hindustan Aeronautics will declare a final dividend of Rs. 15 per share, with the record date set for the same day. Likewise, on August 24, Railtel Corporation of India will offer investors a final dividend of Rs. 1.05 per share. Oil India has already communicated a final dividend of Rs. 5.5 per share, effective on August 25.
Furthermore, Weir Global Infrastructure is due to trade ex-bonus on August 22, and Focus Business Solutions will likewise trade ex-bonus on August 23.
Numerous other companies will either trade ex-dividend or disburse dividends on varying dates throughout the week.
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