Stock Splits, Dividends Next Week To Watch Out; Emami, Manappuram, GRSE, Other Stocks In Focus

The stock market is currently experiencing significant fluctuations, with major indices dropping from their peak levels. The Nifty 50 index is trading about 10% below its record high. Amid this market volatility, certain stocks are gaining attention due to corporate actions like ex-dividend dates and stock splits. Here are some stocks to watch this week.

On November 18, 2024, Emami Limited will have its ex-dividend date for an interim dividend of ₹4 per share, with a face value of ₹1. Manappuram Finance Limited will also pay an interim dividend of ₹1 per share on a face value of ₹2, with the ex-dividend date on Monday. Sundaram Fasteners Limited has announced an interim dividend of ₹3 per share on a face value of ₹1.

November 19, 2024, will see several companies trading on their ex-dividend dates. Akzo Nobel India Limited will offer an interim dividend of ₹70 per share on a face value of ₹10. Ashok Leyland Limited will pay an interim dividend of ₹2 per share on a face value of ₹1. Asian Paints Limited has declared an interim dividend of ₹4.25 per share, with a face value of ₹1.

Chambal Fertilizers & Chemicals Limited will pay an interim dividend of ₹5 on a face value of ₹10, with November 19 as the ex-dividend date. Cochin Shipyard Limited, a state-owned company, will distribute an interim dividend of ₹4 per share on a face value of ₹5. Esab India Limited will trade on its ex-dividend date with a ₹25 interim dividend on a face value of ₹10.

Great Eastern Shipping Company Limited has set its ex-dividend date for November 19, offering an interim dividend of ₹7.2 per share. Gujarat Pipavav Port Limited will also distribute an interim dividend of ₹4 on a face value of ₹10 on the same day. MRF Limited's shareholders will receive an interim dividend of ₹3 on a face value of ₹10.

The ex-dividend date is crucial for investors as it determines eligibility for the next dividend payment. It is typically set one business day before the record date. Investors purchasing shares after this date will not receive the upcoming dividend.

Info Edge (India) Limited has scheduled its ex-dividend date for November 19, offering a ₹12 interim dividend. Oil and Natural Gas Corporation Limited will also pay an interim dividend of ₹6 per share, with Tuesday as the ex-dividend date.

November 20 will be a non-trading day due to assembly elections in Maharashtra. No corporate activities will occur on this day.

Upcoming Stock Splits and Dividends

On November 21, Gmm Pfaudler Ltd's shares will trade on their ex-dividend date, offering an interim dividend of ₹1 on a face value of ₹2. This marks the reopening of the stock market after the holiday.

VRL Logistics Limited has announced an interim dividend of ₹5 per share, with November 22 as the ex-dividend date. Sudarshan Pharma Industries Limited will undergo a stock split on the same day, dividing each share into ten shares based on a 10:1 ratio.

This week presents various opportunities for investors to focus on stocks affected by dividends and stock splits. Understanding these corporate actions can help investors make informed decisions in navigating the current market conditions.