Several Public Sector Undertakings (PSUs) are poised to announce dividends and other corporate actions in the upcoming week

BEML Limited: A key player in manufacturing heavy earthmoving equipment, BEML is set to announce its results on February 8, 2024. In the same quarter last year, BEML declared a dividend of ₹5 per share. 

IRCON International Limited: Specializing in infrastructure projects, IRCON will declare its results on February 8, 2024, with the record date for dividends on February 16, 2024. The previous year's third quarter saw a dividend of ₹1.8 per share. 

Power Finance Corporation Limited (PFC): As a significant non-banking financial company in the power sector, PFC is slated to announce its results on February 8, 2024. Last year, PFC declared a dividend of ₹3.5 per share during the same quarter 

Power Grid Corporation of India Limited: India’s largest electric power transmission company, Power Grid, is expected to announce its results on February 7, 2024, with the record date for the dividend set for February 15, 2024. In the third quarter of the previous year, Power Grid declared a dividend of ₹5 per share. 

SJVN Limited: Engaged in electricity generation, SJVN is scheduled to announce its results on February 9, 2024, with the record date for dividends yet to be disclosed. In the third quarter of the previous year, SJVN declared a dividend of ₹1.15 per share. ​

2. Stocks Trading Ex-Dividend Next Week

The following PSUs are set to trade ex-dividend in the upcoming week:​

Oil and Natural Gas Corporation (ONGC): ONGC shares will trade ex-date for a ₹6 per share dividend on November 19, 2024. ​

Cochin Shipyard Limited: The company has declared an interim dividend of ₹4 per equity share, with the stock trading ex-date on November 19, 2024. ​

MSTC Limited: MSTC shares will trade ex-date on November 22, 2024, for an interim dividend of ₹4 per equity share. 

3. Other Notable Corporate Actions

Additional corporate actions involving PSUs include:​

Mazagon Dock Shipbuilders: The PSU shipbuilder has announced a stock split with an ex-date of December 27, 2024, in a 2-for-1 ratio, meaning each ₹10 share will be split into two ₹5 shares. 

NMDC Limited: The state-owned mining giant has announced a bonus issue with an ex-date of December 27, 2024, offering a bonus ratio of 2:1, meaning shareholders will receive two bonus shares for every one share held. ​

Investors holding shares in these PSUs should monitor these developments closely, as dividend announcements and other corporate actions can significantly impact stock valuations and investment strategies. It's advisable to consult with financial advisors to align these corporate actions with individual investment goals.