Even in the last week of the year, there are many opportunities for investors to earn. This week, Vedanta shares are also going ex-dividend.
Momentum has built up in the market at the start of the new year. After a slight correction, both major indices BSE Sensex and NSE Nifty are once again at new record levels. Along with this, there is also a flurry of opportunities for earning in the market. This week is going to be fantastic for investors looking to earn from dividends, as in the next few days, shares of top IT companies are also going ex-dividend.
A gift for TCS investors
The biggest name in this series is TCS. The country's largest IT company and the second-largest company in the market, TCS has performed better than expected in the December quarter. After good results, the board has recommended an interim dividend of 9-9 rupees per share for investors. In addition, the board has also recommended a special dividend of 18-18 rupees. In this way, TCS investors are going to get a dividend of 27 rupees per share. This share is going ex-dividend on 19th January.
Dividend on these two shares as well
During the week, apart from TCS, another major IT company HCL Tech's share is also going ex-dividend. This share will also go ex-dividend on 19th January. Its investors will receive an interim dividend of 12 rupees. Among the shares going ex-dividend this week is also Sukhjit Starch and Chemicals. The company has announced a dividend of 8 rupees, and this share is going ex-dividend on 15th January.
Shares issuing bonus
Apart from dividends, there are also opportunities for earnings through bonuses during the week. On 17th January, MK Exim India Limited's share is going ex-bonus. Its shareholders will receive a bonus of two shares for every one old share. The share of SBC Exports Limited will go ex-bonus on 19th January. Its shareholders will be issued bonus shares in the ratio of 1:2.
Opportunities are also being created in these shares
During the week starting from 15th January, Dhampur Sugar Mills Limited and Chambal Fertilizers and Chemicals Limited have announced share buybacks. This week, Tata Coffee, Rajat Financiers Limited, and Trishakti Industries also have important corporate events.
Disclaimer: The information provided here is for informational purposes only. It is important to note that investing in the market is subject to risks. Always seek advice from an expert before investing money as an investor.
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