Sir,
I have shares of Motilal oswal financial services. The record date for dividend was 30th may 2009. Today is 19th july and i havent yet received any dividend. I contacted the company and they said that after a meeting to be held on august 3rd, they will distribute the dividend. Sir i want to know
1. Am i not supoosed to received dividend within 30 days of record date?
2. Is it normal for a company to delay dividend for such a long time or should I write to sebi about it?
I am a new investor so please help. thanks
I have shares of Motilal oswal financial services. The record date for dividend was 30th may 2009. Today is 19th july and i havent yet received any dividend. I contacted the company and they said that after a meeting to be held on august 3rd, they will distribute the dividend. Sir i want to know
1. Am i not supoosed to received dividend within 30 days of record date?
2. Is it normal for a company to delay dividend for such a long time or should I write to sebi about it?
I am a new investor so please help. thanks