Investors often pay attention to specific stocks based on various factors, including company announcements, earnings reports, and market trends. When companies declare interim dividends, bonus issues, or share buybacks, it can have implications for their shareholders. Here’s a brief overview of these terms:
- Interim Dividend:
- Companies may declare interim dividends to distribute a portion of their profits to shareholders before the end of the financial year. This provides investors with a regular income stream.
- Bonus Issues:
- A bonus issue involves issuing additional shares to existing shareholders without receiving any additional payment. It’s essentially a stock dividend and is often used as a way to reward shareholders or increase liquidity.
- Share Buyback:
- A share buyback occurs when a company repurchases its own shares from the open market. This can be done to return value to shareholders, signal that the company believes its shares are undervalued, or to improve key financial ratios.
Shareholders can benefit from these actions in various ways, such as receiving additional shares through a bonus issue, earning income through dividends, or potentially seeing an increase in the value of their shares.
Dividend stocks in November 2023
Anupam Rasayan India: Anupam Rasayan India has declared an interim dividend of 0.50 per share for its shareholders. The company announced this on 8th March 2021 and it will be paid on 31st March 2021.
Aurobindo Pharma: Aurobindo Pharma has declared an interim dividend of 3 per share. The company made this announcement on 8th March 2021 and the dividend will be paid on 31st March 2021.
Balrampur Chini Mills: Balrampur Chini Mills declared an interim dividend of 3 per share on 8th March 2021 and the dividend is expected to be paid on 31st March 2021.
Bella Casa Fashion & Retail: Bella Casa Fashion & Retail declared an interim dividend of 0.80 per share on 8th March 2021. This dividend is expected to be paid on 31st March 2021.
Cochin Shipyard: Cochin Shipyard announced an interim dividend of 0.8 per share on 8th March 2021. This dividend is expected to be paid on 31st March 2021.
Dolat Algotech: Dolat Algotech declared an interim dividend of 0.15 per share on 8th March 2021. This dividend is expected to be paid on 31st March 2021.