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.

    • Related Articles

    • 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.

    • 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.

    • 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 is the process for adding funds to my trading account?

      You can easily add funds to your trading account through our mobile application (Swastika) by following the Video/ below steps:- Our detailed video on adding funds: Follow these Steps: 1. Log in to Swastika app. 2. Click on the "Add Funds" button, ...