Clarification on Bonus issue & dividend

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  #1  
Old 18th September 2005, 12:38 PM
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Default Clarification on Bonus issue & dividend



If I hold some shares during the book closure period & if some bonus shares & dividend were declared at the AGM, can I sell the shares before the dividend credited to my account & bonus shares credited to my demat?

Will i get the benefit if I sold the shares immedietly after AGM?

Pls clarify
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  #2  
Old 18th September 2005, 04:59 PM
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Default Re: Clarification on Bonus issue & dividend

Quote:
Originally Posted by siju070
If I hold some shares during the book closure period & if some bonus shares & dividend were declared at the AGM, can I sell the shares before the dividend credited to my account & bonus shares credited to my demat?

Will i get the benefit if I sold the shares immedietly after AGM?

Pls clarify
Check out the Ex-Benefit day for the same. This day is somwhere before the bookClosure Date( some 4-5 days earlier). U can sell the shares on the Ex-benefit day and still avail the choclates

Nagzu
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  #3  
Old 19th September 2005, 08:36 PM
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Default Re: Clarification on Bonus issue & dividend

How to check the Ex-benefit Day & in which site? Could you please mention.
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  #4  
Old 23rd September 2005, 01:53 AM
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Default Re: Clarification on Bonus issue & dividend

Check the NSE website www.nseindia.com
On the website type in the symbol for the stock.
In the details page ex-date should be mentioned. Alternatively you can go to the corporate actions link for the stock (towards the bottom of the page) and get the same info for current and previous years.

regards
m
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