Dividend doubt

A

ashvish007

New Member
#1
#1
Hi All,

I read from newspapers that TCS and Axis bank has recommended dividend of Re5/- and 10/- per share. I am not clear what this recommendation means, does it mean that this has to be approved by the respective boards? I hold a few shares of TCS and Axis bank (less than 10). Will I be getting this dividend? Will it be automatically credited to my bank account? If so when will that happen? Can someone throw some light on my doubts please?
 
H

hotshot2004

New Member
#2
#2
ashvish007 said:
Hi All,

I read from newspapers that TCS and Axis bank has recommended dividend of Re5/- and 10/- per share. I am not clear what this recommendation means, does it mean that this has to be approved by the respective boards? I hold a few shares of TCS and Axis bank (less than 10). Will I be getting this dividend? Will it be automatically credited to my bank account? If so when will that happen? Can someone throw some light on my doubts please?
Click to expand...
yes. This is subject to approval. say if you have 10 shares you would get 50 rs dividend on TCS & respectively for AXIS bank :clapping:
 
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