Imagine waking up to a day where multiple companies reward their shareholders, whether through cash dividends, additional bonus shares, or stock splits that make shares more affordable. In a similar note, the BSE is set for an eventful trading session today, February 18, as 25 companies on the exchange roll out multiple corporate action.
Here’s a look at the key events to watch: Big dividend announcements
Several companies have declared interim dividends, rewarding shareholders with cash payouts. Investors holding shares before the ex-date will be eligible. Here are the companies and their declared dividends:
Gillette India leads with a dividend of Rs 65 per share, with a record date set for February 19, 2025. Hindustan Aeronautics has declared Rs 25 per share, while KSE announced Rs 30 per share.
Other notable payouts include Bharat Forge (Rs 2.50 per share), IOL Chemicals & Pharmaceuticals (Rs 4 per share), NBCC (India) (Rs 0.53 per share), Precision Wires India (Rs 0.30 per share), and Maithan Alloys (Rs 3 per share, record date: February 19, 2025).
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Among the other dividend declarations, Fineotex Chemical (Rs 0.40 per share), NCL Industries (Rs 1 per share), Saraswati Saree Depot (Rs 2.27 per share, record date: February 19), Suprajit Engineering (Rs 1.25 per share), United Drilling Tools (Rs 0.60 per share), Greenpanel Industries (Rs 0.30 per share), K P Energy (Rs 0.20 per share), and KPI Green Energy (Rs 1 per share) have also rewarded investors.
Honda India Power Products has announced a special dividend of Rs 10 per share. Meanwhile, Natco Pharma (Rs 1.50 per share), Saven Technologies (Rs 1.50 per share), Amrutanjan Health Care (Rs 1 per share), and Carborundum Universal (Rs 1.50 per share, record date: February 19, 2025) have also announced dividends. In addition to this, East India Drums And Barrels Manufacturing has declared an interim dividend.
Bonus issues: More shares, same investment
A bonus issue increases the number of shares held by existing shareholders without any additional cost. Two companies have declared bonus issues:
Gujarat Toolroom: 5:1 ratio (five extra shares for every one held)
Kothari Products: 1:1 ratio (one extra share for every one held)
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Stock splits reduce the face value of shares,
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