Dividend, bonus stocks March 24: SAIL, BEL, Glenmark Life, other stocks to trade ex-date today

Dividend, Bonus Stocks: Glenmark Life Sciences, SAIL, BEL, Aditya Birla Sun Life AMC, Styrenix Performance will trade ex dividend where as Sundaram Clayton will trade ex bonus date today, March 24, according to the NSE website. 

Typically, the stock price is adjusted when a company distributes dividend, split equity shares or issue bonus. 

Glenmark Life Sciences dividend 2023

Glenmark Life Sciences announced a dividend of Rs 21 per equity share of face value of Rs 2 — a 1,050 per cent dividend. The pharma API makershares will trade ex-date today, March 24. 

SAIL dividend 2023 

Steel Authority of India Limited announced a dividend of Re 1 per equity share of face value of Rs 10. The PSU steel giant will trade ex-date today, March 24.

Also read- Top dividend stock: Six companies that have rewarded investors with 162.5-1,300% dividend recently

BEL dividend 2023 record date

Bharat Electronics announced a dividend of Re 0.60 per equity share of face value of Rs 1. The PSU manufacturer of electronics for the aerospace and defence sectors will trade ex-date today, March 24. 

SAIL, BEL, Glenmark Life Sciences, Aditya Birla Sun Life AMC, Styrenix Performance, Sundaram Clayton record date 2023 

Aditya Birla Sun Life AMC Limited dividend

Aditya Birla Sun Life AMC Limited announced a dividend of Rs 5 per equity share of face value of Rs 5. The company will trade ex-date today,  March 24. 

Styrenix Performance Materials

Styrenix Performance Materials announced a dividend of Rs 80 per equity share of face value of Rs 10. The company will trade ex-date today,  March 24. 

ALSO READ: Anil Singhvi shares his top wealth creation picks, expects two of them to double!

Sundaram Clayton Bonus

March 24 has been fixed for the purpose of determining eligible shareholders who will be entitled to receive bonus NCRPS of the company in 1:116 ratio. 

"Accordingly, each equity shareholder of the Company, as on the Record Date 1, will be allotted 116 fully paid up NCRPS having face value of INR 10 each
of the Company," the filing said. 

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com