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Qualifications to receive the Dividend

Some related questions and the answers:


Q> Is it required to have the shares in the 'Demat Account' on the day of Dividend Payment?

A>If you have the shares as on Ex-Date you will be eligible for dividend, even if you sell the stock after that date.

Q> If I buy shares on the date in which the books are closed for Dividend Payment, will I get amount?

A>You need to BUY before Ex-Date to be eligible.

Q> If I sell shares during the period when the books are closed, am I going to get Dividend?

A>If you sell your stock on or after Ex-Date you are eligible to receive.


In case the stock is not transferred to your Demat A/c in time the Dividend will be credited to your Trading A/c.

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