Several major companies have been making headlines this week regarding corporate actions such as dividends, bonus issues, and stock splits. Here's a summary focusing on Wipro, Maruti Suzuki, CRISIL, and Bosch.
Wipro
Wipro was in focus this week as it approached its record date for a bonus issue and dividend. To be eligible for the bonus issue, investors had to purchase shares before December 3, 2024. The company issued a 1:1 bonus, meaning shareholders received one additional share for each share they held. Wipro also announced an interim dividend of ₹5 per share, with July 25, 2025, being the last day to buy shares for dividend eligibility. The ex-dividend date was July 28.
Maruti Suzuki
While Maruti Suzuki has not announced any recent bonus issues or stock splits, it remains a popular stock. Maruti Suzuki has not announced a bonus issue since 2018.
CRISIL
CRISIL has been active in terms of dividend announcements. The company's board approved a second interim dividend of ₹9 per share with a face value of Re 1 for the fiscal year ending December 31, 2025. This dividend is scheduled to be paid on August 8, 2025. Earlier in the year, CRISIL had announced a final dividend of Rs 26 per share, with the record date set at April 14 and the stock trading ex-dividend on April 11. Crisil Ltd. distributed ₹56 per share dividend in the financial year ending December 2024.
Bosch
Bosch is another company that has announced significant dividends. The company has declared a final dividend of ₹512 per share, subject to shareholder approval. The record date for determining eligibility for this dividend is July 29, 2025. If approved, the dividend will be paid on or after August 18, 2025. The next ex-dividend date for Bosch is July 28, 2025. Bosch's dividend history shows a pattern of annual dividend payments. The company's board approved a dividend of ₹9 per share along with its June quarter results. In the quarter ending March 2024, Bosch declared a dividend of ₹170.00.
General Information
For those unfamiliar with these terms, a "record date" is the date a company sets to determine which shareholders are eligible to receive a dividend, bonus shares, or stock split. To be eligible, shares must be in the investor's demat account on the record date. Buying shares at least one day before the ex-date ensures eligibility.
A bonus issue is when a company distributes additional shares to its existing shareholders. A stock split increases the number of shares outstanding by dividing each existing share into multiple shares. Stock splits improve affordability and can boost liquidity. Dividends are direct cash payments to shareholders.