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 ...
No, paying dividends is not mandatory. Companies may choose to reinvest profits into the business for growth instead of distributing them as dividends.
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%.
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.