Dividend Related Query

#1
Hi ,

I am new to share market.
I just bought shares of a company who announced Dividend on the stock .
Am i eligible for the Dividend and if yes when it will be credited to my account
 

rvm123

Active Member
#2
If you have bought the shares before ex-dividend date, you will be eligible for the dividend. If you have bought the shares on or after ex-dividend date, you are not eligible for the dividend.

If you hold the shares on the record date, you are eligible for the dividend. Within a week or fortnight from the record date, dividend will be credited to your bank account which is linked to your demat account.

ex-dividend date and record date will be available in BSE and NSE site and also in all the financial sites.
 

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