There is momentum in the market in the new year. After mild correction, both the major indices BSE Sensex and NSE Nifty are again at new record levels. Along with this, opportunities to earn money have also started becoming abundant in the market. This week is going to prove to be a great week for investors looking for opportunities to earn from dividends, because shares of top IT companies are also going to be ex-dividend in the next few days…
TCS Gift to investors
The biggest name in this series is TCS. TCS, the country's largest IT company and the second largest company in the market, has performed better than expected in the December quarter. After good results, the board has recommended an interim dividend of Rs 9-9 per share to the investors. Apart from this, the board has also recommended a special dividend of Rs 18 each. In this way, TCS investors are going to get a dividend of Rs 27 on every share. This share is going ex-dividend on January 19.
These two shares are also getting dividend
Apart from TCS, shares of another big IT company HCL Tech are also getting dividend during the week. Ex-dividend is happening. This share will also be ex-dividend on January 19. Its investors are going to get an interim dividend of Rs 12. Sukhjit Starch and Chemicals is also one of the names of the stocks which went ex-dividend during the week. This company has declared an interim dividend of Rs 8 and this share is going ex-dividend on January 15.
Bonus issuing shares
During the week other than dividend. There are opportunities to earn from bonuses also. During the week of 17th January, the share of MK Exim India Limited is getting ex-bonus on 17th January. Its shareholders will get a bonus of two shares for every one old share. Shares of SBC Exports Limited will be ex-bonus on 19th January. Bonus shares will be issued to its shareholders in the ratio of 1:2.
Opportunities are being created in these shares also
During the week starting from January 15, Dhampur Sugar Mills Limited And Chambal Fertilizers and Chemicals Limited has announced repurchase of shares. This week there are also important corporate events of Tata Coffee, Rajat Finance Limited and Trishakti Industries.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. ABPLive.com never advises anyone to invest any money.
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