Stock Split: This week many companies will trade as ex-dividend and ex-bonus stocks. So many companies are also going to trade in the stock markets as ex-split. We are talking about WPIL Ltd. The shares of the company will be divided into 10 parts. Let us know if someday the stock will trade as an ex-split.
There will be rain of bonus shares this week, 4 companies will trade ex-bonus, details
On which day will the shares be distributed?
The company has said in the information given to the stock exchanges that one share with a face value of Rs 10 will be divided into 10 parts. After this stock split, the face value of the company’s shares will reduce to Rs 1 per share. The company has fixed the record date for this stock split as Friday, July 12, 2024. That means, the shares of the company will be distributed on this day. Any investor who wants to take advantage of this stock split will have to buy shares before the record date.
Dividend was given in November
Dividend is also given from time to time to the investors by WPIL Ltd. The company last paid dividend to investors last year. Then the ex-dividend date was 13 November 2023. At that time, qualified investors had made a profit of Rs 20 on one share. Let us tell you, the company had given dividend twice in 2023. The company had also done ex-dividend trade in July. Even then qualified investors had made a profit of Rs 20 on one share.
How is the company’s performance in the stock markets?
On Friday, the company’s shares closed at the level of Rs 4532.90 with a decline of 3.57 percent in BSE. In the last one year, the company’s share prices have seen an increase of 61 percent. At the same time, the stock has been successful in giving returns of more than 20 percent in just one month.
