Stock Split, Bonus, Dividend Eligibility Closed Today: Titan Biotech, Bazel & Key Dividend Stocks To Watch

The window to qualify for major stock split, bonus share, and dividend benefits in the Indian equity market has now shut, following a busy two-day stretch of record dates and ex-dates around February 19-20. Shares of Titan Biotech Ltd, Bazel International Ltd, and a list of major dividend-paying stocks drew strong investor attention as traders rushed to secure eligibility before the deadline.

Titan Biotech stock split record date and eligibility

Titan Biotech has approved a 1:5 stock split, reducing the face value from Rs. 10 to Rs. 2 per share. The record date is February 20, which means investors must buy the stock before the ex-split date around February 19 or February 20, depending on settlement timing.

Bazel International bonus shares update

Meanwhile, Bazel International announced a 1:1 bonus issue, granting one free share for every existing share held. The ex-bonus date was February 18, while the record date falls on February 19, with allotment expected by February 20 or later.

Today the Bazel International shares fell sharply by almost 7.84% before closing at Rs. 35.51 apiece on the NSE.

Last Day To Buy These Dividend Stocks Today; Ex-date Feb 20

Several prominent dividend-paying stocks in India are set to trade ex-dividend on February 20, making today the last opportunity for investors to buy shares and remain eligible for the announced payouts under the T+1 settlement cycle.

Key dividend-paying stocks include Alkem Laboratories, which has declared a dividend of Rs. 43 per share, making it one of the highest dividend payouts in the current list.

State-run railway services arm Indian Railway Catering and Tourism Corporation (IRCTC) will trade ex-dividend for a Rs. 3.50 per share payout.
Similarly, Power Finance Corporation (PFC), a key power sector PSU lender, has announced a Rs. 4.00 per share dividend.

Renewable energy player SJVN Ltd will go ex-dividend for Rs. 1.15 per share.

In the consumer and manufacturing space, Senco Gold Ltd has declared a Rs. 0.75 per share dividend, while India Nippon Electricals Ltd, an auto-component manufacturer, has announced a much higher payout of Rs. 15.50 per share, which could draw interest from mid-cap dividend stock investors.

Meanwhile, Nirlon Ltd, operating in the commercial real estate and industrial infrastructure segment, has declared a Rs. 15.00 per share dividend.