What are the key dates to know in the dividend process?

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 the dividend. In India, this is usually the same as the record date due to the T+1 settlement cycle.
  • Dividend Payout Date: The date the company credits the dividend to shareholders.