Dividend, bonus, split: Last chance to buy today ahead of record date - TechM, IRFC, LTM ; Payout, ratio, other details
New Delhi, Oct. 22 -- Dividend, bonus, stock split record date: Shares of Tech Mahindra, Indian Railway Finance Corporation, LTM, ICICI Lombard General Insurance, Modison Limited, Oberoi Realty, etc will remain in focus during Thursday's trading session due to their upcoming record dates for dividend, stock split, bonus shares.
More than 10 companies have fixed Friday, October 23, as the record date to determine eligibility of shareholders. As the Indian stock market follows the T+1 settlement cycle, investors must own the stock before the record date to qualify for the corporate actions.
Hence, Thursday, October 22, effectively becomes the last day to buy these stocks and become eligible for stock split, bonus or dividend.
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