How to Enter & Exist For Dividends?

rkkarnani

Well-Known Member
#11
I had brought 100 DenaBank shares since Dec 25. The record date was 24th Jan. However, i did not get the interm dividend either on Jan 24 or 25th. Are such delays usual or should i contact someone?
or dividends dont get payed out on saturdays?
Please understand that Record date and Dividend Payout dates are always different. The Divend pay out date can be as far away as a month from record date or it may be paid out with a week or ten days. The date shall be announced. So just relax, if you were holding shares as on the record date you are assured of the Dividend Announced.
In June 2013 when Dena bank announce dividend of 4.70 per share , the dividend was receive by me almost 3+ weeks later. They had announced that the Dividend shall be mailed/credited on and from such and such date.
 

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