Dividend, Bonus Stocks To Buy: 2 Stocks Announce 3:4 Bonus Issue, 50% Dividend

Two stocks have announced 3:4 bonus share and 50% dividend. Janus Corporation Ltd has fixed record date for 3:4 bonus issue. The record date is November 28, 2022. Meanwhile, another stock Hinduja Global Solutions Ltd has fixed record date for payment of second interim dividend of Rs 5 per share. The record date is December 8, 2022. Check key takeaways below:

1. Janus Corporation Ltd Fixes Record Date For 3:4 Bonus Issue

The board of directors of Janus Corporation stated in the regulatory filing as on November 15, 2022, "With reference to the Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements), Regulation, 2015 we would like to inform you that the company has fixed Monday, 28" November, 2022 as the "Record Date" for ascertaining the eligibility of shareholders entitled for the purpose of: 1. For issue of Bonus Equity Shares of the Company in the ratio of 4 (Four) new equity share for every 3 (Three) existing equity shares held by the shareholders (3:4) (Four bonus equity Shares of Rs. 10/- each fully paid up- for every Three existing equity shares of Rs. 10/- each Fully paid up."

2. Janus Corporation Ltd Stock Outlook And Return

The current market price of the stock is Rs 8 apiece with 52-week high at Rs 59 apiece and 52-week low at Rs 5.99 apiece, respectively. The company has a market capitalisation of Rs 4.70 crore. The stock has given a return of 10% in last 3-months and declined 9% in last 6-months.

3. Janus Corporation Ltd About

It is a diversified business company with construction media consulting and trading as its primary segments based in Mumbai. Janus is also involved in the business of civil construction land and site development land filling fencing walls erection of hoardings etc.

It also takes up the business of trading of several construction related materials such as cements iron & steel sand soil aluminum etc.

4. Hinduja Global Solutions Fixes Record Date For 2nd Interim Dividend

The board of directors of the company said in the regulatory filing, "The Board of Directors at its meeting held on today, declared second interim dividend of Rs. 5 per share (50% of Face Value of Rs.10 each) for Financial Year 2022-23 and fixed Thursday, December 08, 2022 as the 'Record Date' for payment of this interim dividend. The said dividend of Rs. 5 per share shall be paid to the eligible Members of the Company within a period of 30 days from the date of declaration."

5. Hinduja Global Solutions Stock Outlook And Return

The current market price of the stock is Rs 1342 apiece. Its 52-week high is Rs 1974 apiece and 52-week low is Rs 847 apiece, respectively. The company has a market capitalisation of Rs 5,609 crore. The stock has given return of 319% in last 5-years, 336% in last 3-years, and 10% in 1-week.

6. About Hinduja Global Solutions

The small cap company operates in IT Enabled Services sector. HGS combines automation, analytics, and artificial intelligence with high quality talent and deep domain expertise to achieve superior outcomes in the areas of digital customer experience, back-office processing, contact centers, and HRO solutions, according to its official website.

Disclaimer

The above stocks provide details related to interim dividend, bonus share, and record date. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.