Bonus stocks: These 5 stocks to be traded ex-bonus next month. Details here

Free shares in September 2022: An equity investor does more than just gain appreciation from the share he holds in his portfolio. There are other sources of income for a stock investor which come from dividends, stock buybacks and free shares that a listed company announces from time to time. Thus, a long-term investor has a chance to benefit from these other sources of income.

As August is about to end, here we list 5 stocks that will trade ex-bonus in September 2022:

1]Pondy oxides: This chemical stock will trade ex-bonus on September 28, 2022. This chemical company’s board of directors has approved 1:1 free shares for its shareholders and the company’s board of directors has set August 29, 2022 as the date of registration for the issue of free shares. This chemical stock has generated a 70% return for its shareholders and hence is considered as one of the potential multibagger stocks in India in 2022.

2]Son Ram Ratna: Shares of this company are one of the multibagger stocks that the Indian stock market has produced over the past year. This BSE- and NSE-listed share will trade ex-bonus on September 28, 2022, with the company’s board having set September 29, 2022 as the record date for the free share issue. The company’s board of directors has already approved free shares for the company’s shareholders in a ratio of 1:1. It is one of the dividend paying stocks in 2022 as the company has already announced and given a final dividend of 5 per share in fiscal year 2021-22.

3]Ruby mills: Shares of this small-cap stock will trade ex-bonus on September 22, 2022, with the company’s board of directors having set September 23, 2022 as the record date for the free share issue. The company’s board of directors announced free shares in a 1:1 ratio for its shareholders. Ruby Mills shares are one of the dividend paying stocks in India as it has already announced and given an interim dividend of 0.75 and final dividend of 3 per share during the 2021-22 financial year. Ruby Mills stocks are one of the multibagger stocks in 2022, as small cap stocks have returned 115% in 2022.

4]Jyoti resins: This small cap stock will trade ex-bonus on September 8, 2022, with the board of directors of this company having set September 9, 2022 as the record date for the issuance of free shares. The company’s board also approved the free share issue in a 2:1 ratio. Jyoti Resins Ltd is one of the dividend paying stocks in India as it has paid an interim dividend of 7.50 per share in fiscal year 2022-23. He had given a final dividend of 3.00 and 2.50 per share in September 2021 and September 2020 as well. It is one of the multibagger stocks in India as it has jumped over 200% year to date (YTD).

5]Gael: The shares of this public company will trade ex-bonus on September 6, 2022, with the company’s board of directors having set September 7, 2022 as the record date for the issuance of free shares. The company’s board of directors announced a free share in a ratio of 1:2 for its shareholders. PSU stock is one of the dividend paying stocks in India as it gave a final dividend of 1 per share during the 2021-22 financial year, which was added to the interim dividends of 5 per share and 4 per share during the 2021-22 financial year. It is also trading shares ex-buyback on April 21, 2022.

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