Dividends & bonus issues: LIC, Asian Paints among 35 stocks turning ex-record date this week. How many do you own?

As many as 35 companies, including Life Insurance Corporation of India (LIC), Hindustan Unilever (HUL), Asian Paints, IndusInd Bank and others, have fixed their record dates for corporate actions like bonus issues and dividends in the upcoming holiday-shortened week between June 22 (Monday) and June 26 (Friday).

Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.

June 22 (Monday)

Three companies have fixed June 22 (Monday) as the record date for their respective dividends. These include DMR Engineering (Rs 0.14 per share), Panasonic Carbon India Company (Rs 12 per share) and Sangam India (Rs 2 per share).

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June 23 (Tuesday)
As many as 11 stocks will turn ex-record date for their respective dividends on Tuesday, including some heavyweights. Asian Paints accounts for the highest dividend payout, as it plans to pay a final dividend of Rs 23 per share to its shareholders. Hindustan Unilever (HUL) meanwhile will pay a final dividend of Rs 22 per share, while Tata Power Company will pay a final dividend of Rs 2.5 per share.

Anand Rathi Share & Stock Brokers and Dalmia Bharat will pay a final dividend of Rs 5 per share each, while The Indian Hotels Company and Thyrocare Technologies will pay dividends worth Rs 3.25 per share and Rs 7 per share, respectively.

Other companies that have fixed Tuesday as the record date for their respective dividends include DAR Credit & Capital (Rs 0.5 per share), Fredun Pharmaceuticals (Rs 0.7 per share), GNA Axles (Rs 3 per share) and Master Components (Rs 0.75 per share).

June 24 (Wednesday)
ZF Commercial Vehicle Control Systems India has fixed Wednesday as the record date for its 5:1 bonus issue. Shankar Buildpro and Wheels India, meanwhile, will turn ex-record date for final dividends worth Rs 5 per share and Rs 9.14 per share, respectively.

Wednesday is also the record date to determine shareholder eligibility for Bajaj Auto’s Rs 5,633 crore share buyback.

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June 25 (Thursday)

Several heavyweight stocks will turn ex-record date for their respective dividends. Life Insurance Corporation of India (LIC) will pay a final dividend of Rs 10 per share, while IndusInd Bank will pay a final dividend of Rs 1.5 per share.

Supreme Industries accounts for the highest dividend payout among the stocks turning ex-record date on Thursday. The company will pay a final dividend of Rs 25 per share. Allied Blenders and Distillers, Care Ratings and Dr Lal Pathlabs, meanwhile, will pay dividends worth Rs 5.4 per share, Rs 14 per share and Rs 4 per share, respectively.

Other stocks turning ex-record date on Thursday include Alkyl Amines Chemicals (Rs 10 per share), Anthem Biosciences (Rs 2 per share), Ganesh Green Bharat (Rs 0.5 per share), GIC Housing Finance (Rs 4.5 per share), Mawana Sugars (Rs 4 per share), Nippon Life India AMC (Rs 12.5 per share), SJS Enterprises (Rs 3.5 per share), Sona BLW Precision Forgings (Rs 1.8 per share), Syngene International (Rs 1.25 per share), Uflex (Rs 3 per share), Vaibhav Global (Rs 1.5 per share) and Visaka Industries (Rs 1.2 per share).

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