Dividend, Bonus, and Stock Split Watchlist: Key Corporate Actions for 18–22 August 2025

The Indian stock market enters a crucial week of corporate actions as multiple companies are set to trade ex-dividend, ex-bonus, and ex-split. For investors, these events offer opportunities not only for short-term adjustments in stock prices but also for long-term portfolio planning. Let’s explore the list of companies, their dividend announcements, bonus issues, stock splits, and what it means for the broader market.

Understanding Ex-Dividend, Bonus, and Stock Split Dates

• Ex-Dividend Date: The date when a stock begins trading without the value of its next dividend. Investors must own the stock before this date to be eligible for the dividend.
• Bonus Issue: A corporate action where companies issue additional shares to existing shareholders, increasing shareholding without impacting total value.
• Stock Split: A division of a company’s shares into multiple units to improve liquidity. While the share price reduces proportionately, the company’s market capitalization remains unchanged.

These corporate actions often attract retail and institutional participation, influencing short-term volatility.

List of Dividend Stocks Trading Ex-Dividend Next Week

Monday, 18 August 2025

• Aarti Industries Ltd
• Bright Brothers Ltd
• DHP India Ltd
• JK Paper Ltd
• Lakshmi Electrical Control Systems Ltd
• Power Finance Corporation Ltd (PFC)
• Ram Ratna Wires Ltd
• Rose Merc Ltd

Tuesday, 19 August 2025

• Apollo Hospitals Enterprise Ltd
• Elixir Capital Ltd
• Industrial & Prudential Investment Co. Ltd
• Jammu & Kashmir Bank Ltd
• Natco Pharma Ltd
• Power Grid Corporation of India Ltd
• Refex Industries Ltd
• R K Swamy Ltd
• Shyam Metalics and Energy Ltd
• Silver Touch Technologies Ltd
• Sumedha Fiscal Services Ltd

Wednesday, 20 August 2025

• Bhansali Engineering Polymers Ltd
• Colab Platforms Ltd
• ECOS (India) Mobility & Hospitality Ltd
• Him Teknoforge Ltd
• Senco Gold Ltd
• Sukhjit Starch & Chemicals Ltd

Thursday, 21 August 2025

• AMJ Land Holdings Ltd
• Bhandari Hosiery Exports Ltd
• BSL Ltd
• Coal India Ltd
• Hindustan Aeronautics Ltd (HAL)
• Honda India Power Products Ltd
• Kakatiya Cement Sugar & Industries Ltd
• Manorama Industries Ltd
• Pudumjee Paper Products Ltd
• Relaxo Footwears Ltd
• Rail Vikas Nigam Ltd (RVNL)
• Styrenix Performance Materials Ltd
• Thomas Cook (India) Ltd

Friday, 22 August 2025

A long list including:

• ABM Knowledgeware Ltd
• Agi Greenpac Ltd
• AK Capital Services Ltd
• APL Apollo Tubes Ltd
• ASM Technologies Ltd
• Bannari Amman Sugars Ltd
• Belrise Industries Ltd
• Federal Bank Ltd
• Godfrey Phillips India Ltd
• GE Vernova T&D India Ltd
• Indigo Paints Ltd
• IRCTC Ltd
• Jindal Steel & Power Ltd
• LIC Housing Finance Ltd
• Mayur Uniquoters Ltd
• Procter & Gamble Health Ltd
• Sarda Energy & Minerals Ltd
• United Drilling Tools Ltd
• WEP Solutions Ltd

Investor Note: Dividend yields in PSU stocks like Coal India, HAL, and PFC remain attractive due to government dividend policies, making them popular among income-seeking investors.

Bonus Issue Announcements

• Algoquant Fintech Ltd: 8:1 bonus issue (ex-bonus on 18 August 2025).
• Bemco Hydraulics Ltd: 1:1 bonus issue (ex-bonus on 22 August 2025).

Impact: Bonus issues generally increase liquidity and attract retail participation, though they do not alter the company’s fundamentals.

Stock Splits Announced

• Algoquant Fintech Ltd: Split from ₹2 to ₹1 (18 August 2025).
• Chandrima Mercantiles Ltd: Split from ₹10 to ₹1 (20 August 2025).
• Dev Information Technology Ltd: Split from ₹5 to ₹2 (21 August 2025).
• Bemco Hydraulics Ltd: Split from ₹10 to ₹1 (22 August 2025).

Impact: Stock splits often make shares more affordable for retail investors and improve liquidity. Companies with strong fundamentals typically see long-term benefits in valuation.

Market Impact and Outlook

The upcoming corporate actions could drive short-term volatility, particularly in dividend-heavy PSU stocks. Here’s the broader view:

Positive Triggers

• Dividend Yield Appeal: PSU companies like Coal India, HAL, and Power Grid remain favorites among long-term investors.
• Liquidity Boost: Stock splits and bonus issues improve retail participation.
• Defensive Plays: Dividend-paying pharma and FMCG companies provide stability during market corrections.

Risks to Watch

• Price Adjustments: Stocks typically fall by the dividend amount on ex-dividend date, which may mislead short-term traders.
• Global Cues: Any global market volatility could overshadow domestic dividend announcements.

Future Outlook for Dividend Stocks in 2025

1. Hindustan Aeronautics (HAL): With strong order book visibility and defense sector reforms, HAL’s dividend payout policy looks sustainable. Future Dividend Yield: 2.5–3% annually.
2. Coal India: High cash reserves and consistent payouts make Coal India a dividend giant. With rising energy demand, future payouts are expected to remain robust.
3. Godfrey Phillips: Consistent cash generation and niche FMCG presence could sustain dividend growth.
4. Rail Vikas Nigam (RVNL): Infrastructure growth and government contracts support dividend continuity.
5. Natco Pharma: Balanced between growth investments and rewarding shareholders with dividends.

Projection: Dividend-heavy PSUs may continue to dominate in 2025–26, especially in the defense, energy, and infrastructure space.

FAQs on Dividend, Bonus, and Stock Splits

Q1: What is the difference between ex-dividend date and record date?

• Ex-dividend is the first date when the stock trades without dividend value. Record date is when the company finalizes the list of eligible shareholders.

Q2: Do stock prices always fall after ex-dividend?

• Typically, stock prices adjust downward by the dividend amount. However, strong demand can offset this drop.

Q3: Are bonus issues and stock splits the same?

• No. Bonus issues increase the number of shares without changing face value, while stock splits divide the face value into smaller denominations.

Q4: Should I buy before or after the ex-dividend date?

• Long-term investors can buy anytime, but those seeking dividend eligibility must own shares before the ex-dividend date.

Q5: Which sectors give the best dividends in India?

• PSUs (energy, defense, banking), FMCG, and IT have historically been strong dividend payers.

The week of 18–22 August 2025 will see multiple companies trading ex-dividend, ex-bonus, and ex-split. For investors, these events create both opportunities and risks. PSU giants like Coal India, HAL, Power Grid, and PFC remain attractive for income-seeking investors, while bonus and split announcements from smaller companies improve liquidity.

Investors are advised to adopt a balanced approach—use dividends for steady income, bonus/splits for liquidity, and focus on fundamentals for long-term wealth creation.