What is the criteria to be eligible for the Dividend ?
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Modified on: Fri, 23 Feb, 2024 at 1:17 PM
The Ex-date and Record date for all corporate actions will be the same as per the current settlement cycle which is T+1 working day. So Ex-Date is the date by which you must own the shares in your demat account to be eligible for the dividend. You can find the details of the ex-date and record date on the NSE/BSE website. Please refer to the below shared example for your reference :
Example : VEDANTA LIMITED ( VEDL) has announced the dividend of Rs.11 Per Share where the Ex-Date and Record date was 27-Dec-2023. So if you have bought the VEDL share before 27-Dec-2023 then you will be eligible for the dividend.
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