MRF, Cochin Shipyard, ONGC and Ashok Leyland among a host of other companies are likely to remain in focus this week as they are approaching their record dates for the purpose of dividends and stock splits.
The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
Shareholders who buy the stock at least one day before the ex-date are eligible for dividends as settlement happens the next day. Those buying the stock on the ex-date are not eligible for dividends/splits/bonus issues etc.
Monday, November 18
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