Multibagger Chemical Stock To Issue Bonus Shares After 186% Return In 3 Months

Yug Decor Ltd has announced the record date for 1:2 bonus shares. Earlier this year in August, board of directors of Yug Décor Ltd have approved bonus shares for its equity shareholders.

A bonus share is defined as an additional share given to the existing shareholder by the company at no extra cost. It occurs when a company cannot pay cash dividends to the shareholders despite registering profitable turnover as a result of likely shortage of liquidity. In such situation, the company issues additional shares in the form of bonus shares.

There is a huge benefit of bonus share. When the company earns good profits, its stock price rises and consequently, the bonus share gives good profits to its shareholders. Also, when dividend is declared, shareholders can get extra return on bonus shares.

Check below the key takeaways pertaining to Yug Decor's bonus share issue and record date, among others: