Major Corporate Actions This Week: Dividends, Bonuses & Splits from HAL, Coal India, and More.
Several companies have announced dividends, bonus issues, and stock splits this week, providing potential opportunities and important dates for investors to note. Here’s a summary:
Dividends
- Hindustan Aeronautics Ltd (HAL): The aerospace and defense PSU has declared a final dividend of ₹15 per equity share for the financial year 2024-25. This represents 300% of the face value of ₹5 per share, subject to shareholder approval at the Annual General Meeting (AGM). The record date to determine eligibility for this dividend is August 21, 2025. If approved, the dividend will be paid within 30 days of the AGM. Including an earlier interim dividend, the total dividend payout for FY25 amounts to ₹40 per share.
- Coal India Ltd: The Maharatna PSU has announced a final dividend of ₹5.15 per share for FY 2024-25. The record date for determining eligible shareholders is August 21, 2025. The dividend will be paid within 30 days of approval at the upcoming Annual General Meeting (AGM). In addition to the final dividend, Coal India declared an interim dividend of ₹5.50 per share for the financial year 2025-26, with a record date of August 6, 2025, and payment to be made by August 30, 2025.
- Procter & Gamble (P&G): The company declared a quarterly dividend of $1.0568 per share on common stock. The dividend is payable on or after August 15, 2025, to shareholders of record at the close of business on July 18, 2025. P&G has a long history of dividend payments, having paid a dividend for 135 consecutive years and increased it for 69 consecutive years.
- Godfrey Phillips India Ltd: The company has fixed August 22, 2025, as the record date for the payment of the final dividend for FY 2025. The dividend amount is ₹60 per share. The company's 88th Annual General Meeting (AGM) is scheduled for September 4, 2025.
- Power Grid Corporation of India: The company's board has announced a final dividend of ₹1.25 per equity share (face value of ₹10 apiece) for the fiscal year 2024-25. The record date for determining dividend eligibility is August 19, 2025.
- Rail Vikas Nigam Limited (RVNL): RVNL has announced a final dividend of ₹1.72 per share for FY25. The record date for determining eligibility is August 21, 2025. The 22nd AGM of RVNL is scheduled for August 28, 2025.
- Indian Railway Catering & Tourism Corporation (IRCTC): The company's next payment date is on September 29th, 2025, with an ex-dividend date of August 22nd, 2025. The dividend is ₹1.00 per share.
Bonus Issues
- Godfrey Phillips India Ltd: The company announced its first-ever bonus issue of equity shares in a 2:1 ratio. For every one existing share, two new fully paid-up shares will be issued. The record date for the bonus issue is September 16, 2025. The bonus shares are expected to be credited to shareholders' holdings on or before October 3, 2025.
Additional Information
- Halliburton (HAL): While not an Indian company, Halliburton announced a third-quarter 2025 dividend of $0.17 per share, payable on September 24, 2025, to shareholders of record on September 3, 2025.
- To be eligible for dividends and bonus issues, investors must own shares before the ex-date. Buying shares on the record date will not qualify for the payout.