How is dividend income calculated?
To calculate your dividend income, multiply the dividend per share by the number of shares you own.
For example: If a company pays ₹42 per share as a dividend and you own 100 shares, your dividend income will be 100 × 42 = ₹4,200.
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What is “Cum Dividend”?
Shares are considered “Cum Dividend” until the ex-dividend date. If you buy shares before this date, you are entitled to the dividend.
What is a dividend payout percentage?
The dividend payout percentage is the dividend expressed as a percentage of the share’s face value. For example: If the face value of a share is ₹5 and the dividend paid is ₹42, the payout percentage is (42 ÷ 5) × 100 = 840%.
What happens if I buy shares on or after the ex-dividend date?
If you buy shares on or after the ex-dividend date, you will not receive the dividend for that cycle.
What are the key dates to know in the dividend process?
Dividend Declaration Date: The date the company announces the dividend. Record Date: The date the company reviews its shareholder list to determine who will receive the dividend. Ex-Date/Ex-Dividend Date: The last date to buy shares to qualify for ...
What is NAV (Net Asset Value)?
NAV is the per-unit price of a mutual fund scheme, calculated as the total value of assets minus liabilities divided by the number of outstanding units. It changes daily based on market fluctuations.