Bonus shares are additional shares investors get at no cost for their holding in a company. Free reserves and surplus of the company are deployed to issue these bonus shares. Generally, corporate actions like these are seen to trigger investor interest in such stocks. Here are the 8 stocks that shall trade ex-dividend this week:
US stocks: US market’s indexes advance with boost from chips, Iran optimism
U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record