A number of stocks, such as Indian Railway Finance Corporation (IRFC), NMDC, Last Mile Enterprises, Gamco, and others, will trade ex-dividend or ex-split this week. Investors need to keep a close eye as these corporate actions may affect stock prices and trading volumes. Based on BSE data, the ex-date for these stocks is Friday, March 21, 2025.
Dividend stocks to watch
IRFC has announced a second interim dividend of Rs 0.80 per equity share for FY25, and the record date is March 21. While NMDC announced its first interim dividend of Rs 2.30 per face value Rs 1 equity share. The record date will decide the eligibility of the dividend on the basis of holdings.
Bonus issue stocks
Gamco announced a 5:4 bonus issue, under which investors shall get 5 new fully-paid-up shares per 4 holding shares. Along the same line, Greenlam Industries and Roni Households have also approved bonus issues of a 1:1 nature. Record date for bonus issue has been specified as March 21 to entitle the investors for additional share of equity.
Stocks trading ex-split
Stocks of corporations like Last Mile Enterprises, Optimus Finance, Shukra Pharmaceuticals, and Softrak Venture Investment will go ex-date for stock splits. All these companies have issued a sub-division of their shares from a face value of Rs 10 to Re 1, making shares more affordable for retail investors and thereby boosting liquidity in the market.
Why corporate actions matter
Corporate behaviors such as dividend payments, stock splits, and bonus issues have a direct influence on investors’ sentiment and equity performance. While dividends generate tangible financial rewards for shareholders, stock splits make shares more affordable and increase liquidity. Bonus issues, however, enlarge shareholding without extra expense, reflecting company optimism.
Market outlook and investor strategy
With these corporate moves becoming effective, investors must position their holdings strategically. Stocks that go ex-dividend tend to experience a price shift, while stock splits and bonus issues can cause higher trading activity. Investors must monitor upcoming record dates and think about the potential effect on their portfolios before making investment choices.