The date set by a company to determine which shareholders are eligible to receive dividends, bonuses, or participate in rights issues.
Record Date
Related terms
Free additional shares given by a company to existing shareholders in a fixed ratio (e.g., 1:1 means one free share for every share held). The stock price adjusts proportionally.
When a company repurchases its own shares from the market, reducing the number of outstanding shares. Often signals that the company believes its stock is undervalued.
Draft Red Herring Prospectus. A preliminary document filed with SEBI by a company planning an IPO, containing financial details and information about the offering.
Differential Voting Rights shares. Shares that have fewer voting rights compared to ordinary shares but may offer higher dividends. Tata Motors DVR is a well-known example in India.
A portion of a company's profits distributed to shareholders, usually per share. Can be in the form of cash or additional shares. Dividend yield is calculated as annual dividend divided by share price.
Annual dividend per share divided by the current share price, expressed as a percentage. A high yield may indicate value but could also signal a falling stock price.