Share Market On Monday: The gold and diamonds of PC Jewelers not only shine in the showroom, now the stock market is also going to be dazzled by the shine of its shares next week. Do you want to know its secret? Have you also invested in those shares which are going to distribute dividend or bonus shares next week or are going to make investors rich through split. Check and correct those shares in your portfolio from now on. Just think about the huge amount of money you get from the stock market. Nine stocks including PC Jewelers are going to distribute dividend, bonus shares or split shares next week as a New Year gift.
Do you also invest in these stocks?
PC Jewelers and Shish Industries are going to split their shares. Along with splitting its stock, Link Limited is also going to issue bonus shares. Similarly, Sky Bold and Rajeshwari Cans have announced bonus shares. Many companies including Sterenix Bambink, Sachet and Steel City have announced dividends. Therefore, ensure to get profit from these shares on the basis of record date in your demat account.
What is record date, on the basis of which benefit will be given?
Record date is a special date on the basis of which companies decide whether to give which type of benefit to which shareholder or not. This applies in all cases of dividend, breaking of shares and grant of bonus shares. Therefore, investors should ensure that to avail these benefits announced by the companies, their shares should be visible in their demat account on or before that particular date. Generally, the buyer of shares gets this benefit till one day before the date of settlement of dividend, bonus shares, stock split.
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Disclaimer: (The information provided here is being given for information only. It is important to note here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. ABPLive.com It is never advised for anyone to invest any money here.)