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Top Dividend Stocks to Watch: Castrol India, Power Finance Corp, and IRFC Going Ex-Dividend Next Week - Complete List Inside!

Top Dividend Stocks to Watch: Castrol India, Power Finance Corp, and IRFC Going Ex-Dividend Next Week – Complete List Inside!

Investors should mark their calendars for Monday, March 17, 2025, as several prominent companies are set to trade ex-dividend. Key players such as Castrol India, Angel One, Power Finance Corporation, Acceleratebs India, and IRFC will be in the spotlight. With exciting corporate actions like bonus shares and stock splits also on the horizon, this week promises to be impactful for stockholders.

Upcoming Ex-Dividend Stocks

The ex-dividend date is crucial for investors, as it signals the day when a stock’s price is adjusted to exclude the value of its upcoming dividend payout. Only those listed as shareholders by the record date will receive dividends. Here’s a breakdown of the major companies announcing dividends this week:

Tuesday, March 18, 2025:

  • Castrol India Ltd will issue a final dividend of ₹5 per share.
  • Additionally, Castrol will declare a special dividend of ₹4.5 per share.
  • DIC India Ltd is set to announce a final dividend of ₹4 per share.

Wednesday, March 19, 2025:

  • AGI Infra Ltd will announce an interim dividend of ₹0.5 per share.
  • Power Finance Corporation Ltd will issue an interim dividend of ₹3.5 per share.

Thursday, March 20, 2025:

  • Angel One Ltd is expected to declare an interim dividend of ₹11 per share.

Friday, March 21, 2025:

  • Acceleratebs India Ltd will announce an interim dividend of ₹0.8 per share.
  • Indian Railway Finance Corporation Ltd will also declare an interim dividend.

Bonus Issues and Stock Splits

In addition to dividends, several companies are planning bonus issues and stock splits, which are important corporate actions for shareholders:

Bonus Issues:

  • Padam Cotton Yarns Ltd will issue shares in a 2:3 ratio, trading ex-bonus on March 18.
  • Greenlam Industries Ltd will offer a 1:1 bonus ratio, with shares trading ex-bonus on March 21.
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Stock Splits:

  • Sika Interplant Systems Ltd will split shares from ₹10 to ₹2 on March 17.
  • Blue Pearl Agriventures Ltd will undergo a split from ₹10 to ₹1 on March 20.
  • Last Mile Enterprises Ltd, Optimus Finance Ltd, and Shukra Pharmaceuticals Ltd will also split shares from ₹10 to ₹1 on March 21.
  • Softrak Venture Investment Ltd will follow suit with a similar split on the same day.

Stock splits can enhance liquidity by increasing the number of shares available without altering the overall market value of the company.

Other Corporate Actions

Investors should also keep an eye on additional corporate activities:

  • National Highways Infra Trust will announce income distribution on March 18.
  • Praxis Home Retail Ltd is set to offer a rights issue on March 20.

Stay tuned to the stock market as these intriguing developments unfold. With dividends, bonus shares, and stock splits, this week represents a dynamic opportunity for investors looking to optimize their portfolios.

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