Stock Market: 3 companies are giving double dividend, 3 will do stock split, last chance to get benefit

News Topical, Digital Desk : The ex-date of corporate action of many companies is falling next week. This means that now is the last chance to take advantage of the announcements made by these companies. In the week starting from 23rd June, about 40 companies have ex-dates for corporate action. Except for 10 companies, the ex-date of the rest of the companies is falling on Tuesday or after that, which means that now is the last chance to take advantage of the corporate action of these companies.

Out of these companies, a total of 4 companies have given double dividend i.e. special dividend along with final dividend. Out of these, there is a chance to get the benefit of dividend of 3 companies. At the same time, 3 companies have announced stock split.

Which companies have distributed double dividend? Three companies have announced double dividend i.e. these companies are also giving special dividend along with final dividend. In this, the ex-dividend date of Cipla Ltd is 27 June and the company has given a special dividend of 3 rupees and a final dividend of 13 rupees. That is, the company is giving a total dividend of 16 rupees. The ex-dividend date of Maharashtra Scooters Ltd is on the same day, the company is giving a special dividend of 30 rupees and a final dividend of 30 rupees. RPG Life Sciences is also giving a final dividend of 20 rupees and a special dividend of 4 rupees with an ex-date of 27 June. Which companies did the split? The ex-date of stock split of 3 companies is next week. The ex-date of the split of Laddu Gopal Online Services is 24 June. The company will split the stock with a face value of Rs 10 into 5 shares of Rs 2 each. The ex-date of the split of Elitecon International is 25 June. The company will split the stock with a face value of Rs 10 into 5 stocks of Rs 1 each. The ex-date of the split of Padam Cotton Yarns is 27 June. It will also split the stock with a face value of Rs 10 into 5 stocks of Rs 1 each. What should investors do? Keep in mind that the investment decision is not taken only on the basis of a corporate action. The company's business strength and share price are the main reasons behind the investment. Due to corporate action, some movement may be seen in the stock in the short term, although the growth of the stock depends on the performance of the company and the valuation of the stock.

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