Dividend, Bonus, and Stock Split: SBI Life and 4 Others Set to Go Ex-Date Next Week

The shares of SBI Life Insurance Company, Aayush Wellness, Coastal Corporation, Mangalam Global Enterprise, and Anand Rathi Wealth are set to remain in the spotlight during the upcoming trading session from Monday, March 3, 2025, to Friday, March 7, 2025. These stocks will attract investor attention due to key corporate actions, including dividends, stock splits, and bonus issues.

Stocks Trading Ex-Dividend

According to BSE data, these stocks will trade ex-date in the coming week, meaning new buyers will not be eligible for the announced corporate benefits.

Among them, Aayush Wellness and SBI Life Insurance Company will trade ex-dividend on March 3, 2025, and March 7, 2025, respectively. Aayush Wellness has announced an interim dividend of ₹0.01 per share, with the record date set for March 3. Meanwhile, SBI Life Insurance Company has scheduled a board meeting today to finalize the interim dividend for the financial year 2024-25. The company has already set March 7 as the record date to determine shareholder eligibility for the payout.

Dividends play a crucial role in attracting long-term investors, as they provide a steady stream of income. SBI Life Insurance, being a leading player in the insurance sector, has been consistent in rewarding its shareholders, making this announcement particularly significant for investors focused on dividend-yielding stocks.

Stock Splits: Coastal Corporation and Mangalam Global Enterprise

In addition to dividend-related developments, Coastal Corporation and Mangalam Global Enterprise will remain in focus due to their respective stock split announcements.

A stock split increases liquidity and makes shares more affordable for retail investors. Coastal Corporation has proposed a subdivision of its equity shares from a face value of ₹10 each to ₹2 per share, effectively splitting one share into five. Similarly, Mangalam Global Enterprise has announced a 2-for-1 stock split, reducing its share’s face value from ₹2 to ₹1 each. Both companies have designated March 4, 2025, as the record date and ex-date for the stock splits.

Stock splits do not alter a company’s market capitalization but increase the number of outstanding shares, making the stock more accessible to investors. These actions often indicate a company’s confidence in its growth prospects and can lead to increased trading volumes.

Anand Rathi Wealth’s Bonus Issue

Meanwhile, Anand Rathi Wealth will trade ex-date on March 5, 2025, following the company’s bonus issue announcement. The firm plans to allot 4,15,10,317 bonus equity shares of ₹5 each, in a 1:1 ratio, meaning shareholders will receive one bonus share for every share held.

A bonus issue is a strategy used by companies to reward existing shareholders without distributing cash. It enhances liquidity in the stock market and often leads to a positive sentiment among investors. Anand Rathi Wealth, being a major player in the financial advisory space, has been expanding its market presence, and this bonus issue reflects the company’s growth trajectory.

Understanding the Ex-Date and Record Date

The ex-date is a key concept in stock market trading, as it determines shareholder eligibility for dividends, stock splits, and bonus issues. When a stock trades ex-date, new buyers will not be entitled to the announced corporate benefits. To qualify for these benefits, investors must purchase the stock before the ex-date.

The record date is the cut-off date set by companies to finalize the list of eligible shareholders. Investors who own the stock at the close of the record date will be entitled to dividends, bonuses, or stock splits. However, due to the T+1 or T+2 settlement cycles followed in the stock market, investors typically need to buy shares at least one or two trading days before the record date to be eligible.

With several corporate actions scheduled for the upcoming week, investors and traders will closely monitor SBI Life Insurance, Aayush Wellness, Coastal Corporation, Mangalam Global Enterprise, and Anand Rathi Wealth. Dividends and stock splits can influence market sentiment, while bonus issues tend to generate increased interest from retail investors. Understanding these corporate developments is crucial for making informed investment decisions, particularly in an environment where companies continue to reward shareholders through strategic actions.

Market participants should keep a close eye on these stocks, as their price movements, trading volumes, and investor sentiment are likely to be influenced by these corporate actions in the coming days.