Container Corporation of India (CONCOR) is set to consider a bonus share issue in its board meeting on 22 May 2025. The company has previously issued bonuses in 2008, 2013, 2017, and 2019. It is also known for consistent dividends.
Container Corporation of India (CONCOR) is primarily engaged in providing inland transportation of containers by rail. In addition, the company manages ports, operates air cargo complexes, and has established cold chain logistics. As of the end of March 2025, the Government of India, through the Ministry of Railways, held a majority stake of 54.8 per cent in the company.
In a recent development, CONCOR announced that its Board of Directors will consider a proposal for the issue of bonus shares at a meeting scheduled for Thursday, May 22, 2025. This will not be the first time the company has issued bonus shares to its shareholders.
The company has previously issued bonus shares on four occasions—in 2008, 2013, 2017, and 2019. The details are as follows:
| Ex-Date | Bonus Ratio | Record Date |
| 04-Feb-2019 | 1:4 | 05-Feb-2019 |
| 05-Apr-2017 | 1:4 | 06-Apr-2017 |
| 06-Sep-2013 | 1:2 | 10-Sep-2013 |
| 16-Apr-2008 | 1:1 | 17-Apr-2008 |
The first bonus ex-date of CONCOR was April 16, 2008, with a bonus ratio of 1:1, meaning shareholders received one additional share for every share held. The record date was April 17, 2008.
The second issue took place on September 6, 2013 in a 1:2 ratio, offering one bonus share for every two shares held, with the record date being September 10, 2013.
On April 5, 2017, the company issued a 1:4 bonus, where shareholders received one share for every four shares held, with April 6, 2017 as the record date.
The most recent bonus was announced on February 4, 2019 in the same 1:4 ratio, and the record date was February 5, 2019.
The record date is the cut-off date set by the company to determine which shareholders are eligible to receive the corporate benefit—in this case, the bonus shares.
Shares of CONCOR have shown positive momentum recently. Over the past week, the stock has gained 7.85%, and in the past month, it is up by 6.26%.
Apart from bonus issues, CONCOR is also well-regarded for its consistent dividend payments. The company has been paying dividends since 2008, and as of now, the dividend yield stands at 1.6%.
Disclaimer: The article is for informational purposes only and not investment advice.
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