For stock market enthusiasts, few events bring as much thrill as the arrival of corporate rewards like dividends, bonus shares, and stock splits that enhance affordability. This week is particularly noteworthy, with several exciting developments in the pipeline.
Key Companies Making Headlines
Investors are closely monitoring several companies this week, including Indian Railway Finance Corporation (IRFC), Power Finance Corporation (PFC), Angel One, Castrol India, and NMDC. Each of these firms has announcements that could significantly impact shareholder returns.
Major Dividend Announcements
Power Finance Corporation – Fourth Interim Dividend
PFC has announced a generous fourth interim dividend of ₹3.50 per share for the financial year 2024-25. The record date for this dividend is set for March 19, 2025, meaning only shareholders holding shares before this date will qualify for the payment.
Angel One – Second Interim Dividend
The online brokerage firm Angel One is set to reward its investors with a second interim dividend of ₹11 per share. Shareholders need to be mindful of the record date, which is March 20, 2025, with payments expected to be processed by April 12, 2025.
Castrol India – Special and Final Dividend
Castrol India is offering both a special dividend of ₹4.5 and a final dividend of ₹4 per share. To be eligible for this payout, investors must hold the stock prior to the record date of March 18, 2025.
IRFC – Upcoming Second Interim Dividend
The IRFC board is scheduled to meet on March 17, 2025, to announce its second interim dividend for FY25. Shareholders should ensure they own the shares before the March 21, 2025 record date to receive this dividend.
In addition to these major players, other firms such as AGI Infra, NMDC, Greenlam Industries, Last Mile Enterprises, Optimus Finance, Shukra Pharmaceuticals, and Softrak Venture Investment will also be trading ex-dividend this week.
Stock Splits and Bonus Shares
Sika Interplant Systems
On March 17, 2025, Sika Interplant Systems will execute a 2:10 stock split, allowing investors to hold more shares at a lower price.
Blue Pearl Agriventures
Similarly, Blue Pearl Agriventures will reduce its share face value from ₹10 to ₹1. The stock is set to trade ex-split starting March 20, 2025.
Bonus Issue
Padam Cotton Yarns
Investors in Padam Cotton Yarns can look forward to receiving bonus shares, with the ex-date scheduled for March 18, 2025.
This week is shaping up to be an exciting one for investors, with numerous opportunities for dividends and stock adjustments that could enhance their portfolios. Be sure to stay updated on these developments to maximize your investment strategies.