Upcoming Bonus in October 2023

Upcoming Bonus in October 2023
Upcoming Bonus in October 2023

by Tanushree Jaiswal Last Updated: Oct 13, 2023 - 04:08 pm 1.1k Views
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In stock markets 'bonus' refers to the free additional shares a company gives to its existing shareholders and 'bonus ratio' specifies the number of additional shares shareholders will receive for every share they own in a particular company.

Bonus ratio also gives you a clear picture of how many additional stocks you will receive for each stock you hold in a company.

For Example, a 1:1 bonus ratio means, you will get 1 extra share for each share and a 2:1 ratio gives you two bonus shares for every share you own. It's a way for companies to reward their shareholders with extra shares.

if you were holding any stock on the 'record date,' you would get the bonus shares, but if you buy it on or after the 'ex-bonus date,' you won't receive those extra shares.

Now, let's take a look at companies and their recent bonus announcements in the table below:

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About the Author

Tanushree is a seasoned professional with 6 years of experience in the Fintech and Edtech industry.

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Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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