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.
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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