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When did DLF split?

Published in Stock Information 2 mins read

According to currently available information, DLF Ltd. has not undergone any known stock splits. This means there is no record of DLF shares being divided into a larger number of shares, or consolidated into fewer shares, in its history.

Understanding Stock Splits

A stock split is a corporate action where a company increases the number of its outstanding shares by dividing each share into multiple shares. For example, in a 2-for-1 stock split, each shareholder would own twice as many shares, but each share would be worth half the price. The total value of the shareholder's investment remains the same. Companies typically enact stock splits to:

  • Increase Liquidity: Lowering the per-share price can make shares more accessible to a broader range of investors.
  • Improve Trading Volume: A lower price often encourages more trading activity.
  • Signal Confidence: A stock split can sometimes be seen as a positive signal from management about future growth.

DLF Ltd. Dividends and Shareholding

While DLF Ltd. has not had a stock split, it does provide dividends to its shareholders. Investors who wish to receive dividends must hold the stock before a specific date, known as the ex-dividend date.

For instance, to be eligible for the last dividend of DLF Ltd. in the amount of ₹5.00, which was paid on August 9, 2024, investors were required to have the shares in their portfolio before the ex-day of July 31, 2024.

This information highlights key dates for investors interested in DLF Ltd. stock.