Bonus
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| KKV Agro Powers | 1:4 | 21-08-2021 |
| SRF | 4:1 | 31-08-2021 |
| Advitiya Trade | 44:100 | 21-08-2021 |
| Thejo Engg | 2:1 | 30-08-2021 |
Bonus
| COMPANY | Bonus Ratio | DATE |
|---|---|---|
| Hatsun Agro | 1:3 | 09-12-2020 |
| AKG Exim | 3:5 | 07-12-2020 |
| Shish Industrie | 6:5 | 01-12-2020 |
| Global Educatio | 31:10 | 12-11-2020 |
1 Is TCS giving a bonus in 2021? Ans. No, TCS company not declare any bonus in 2021.
Bonus shares are available to shareholders who own the firm’s stock prior to the record date and the ex-date determined by the company. For the delivery of shares in India, the T+2 rolling system is used, in which the ex-date is two days before the record date.
Shareholders may sell the bonus shares and meet their liquidity needs. Bonus shares may also be issued to restructure company reserves. Issuing bonus shares does not involve cash flow.
Increasing the number of outstanding shares through a bonus issue increases the participation of smaller investors in the company’s shares and hence enhances the liquidity of the stock. The Increase in the issued share capital increases the perception of company’s size.
PGCIL seeks shareholder nod to capitalise Rs 1,743 cr reserves to issue bonus shares. The special resolution to capitalise reserves of Rs 1743,86,32,160 for issuing bonus shares in the ratio of 1:3 is listed on the agenda of the EGM scheduled on July 20, 2021, a filing said.
THE ITC board has cleared the company’s proposal to issue bonus shares in the ratio of 1:2. … Prior to that, it had also issued bonus shares in 1978, 1980, 1989 and 1991.
Bonus Shares- Calculation
Suppose a shareholder holds 2,000 shares of the company, now when the company issues bonus shares, he will receive 1,000 bonus shares (2,000*½= 1,000).
Is TCS going to give bonus?
1 IT company Tata Consultancy Services(TCS) has announced that it will give its employees a one-time bonus of Rs 2,628 crore to mark the 10th anniversary of the company’s listing on India’s biggest stock exchange in 2004. … TCS has an attrition rate of 14% in the Indian IT sector, which is considered to be moderate.
When the bonus shares are issued, the number of shares the shareholder holds will increase, but an investment’s overall value will remain the same. … By issuing bonus shares, the number of outstanding shares increases, but each share’s value reduces, as shown in the example above. The face value remains unchanged.
You can view Announcement Date, Record Date, Ex-Bonus Date and Bonus Ratio history of Reliance Industries Ltd.
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PREMARKET.
| Bonus History | 21/07/2017 |
|---|---|
| 1 : 1 | |
| 09/09/2017 | |
| 07/09/2017 |
The disadvantages of issuing bonus shares are:
- To the company – as issue of this may lead to increase in capital of the company.
- Shareholder expect existing rate dividend per share to continue.
- It also prevents the new investors from becoming the shareholders of the company.
Which company gives highest dividend?
Weightage
| Sr. No | Company Name | Dividend Yield (%) |
|---|---|---|
| 1 | Bajaj Auto | 3.38 |
| 2 | GAIL | 3.93 |
| 3 | Hindustan Zinc | 6.27 |
| 4 | SJVN | 7.42 |
To calculate the share price after the bonus issue, the total value of shares before the bonus issue must be divided on the new number of shares. Therefore, the share price after the bonus issue will be $125 ($7,500,000 / 60,000 shares).