I would like to know about dividend payout of companies i.e., quarterly, half yearly or yearly for direct equity holder. if I invest in such company today and if company declared dividend in the next week then will I be eligible to get dividend amount?
Companies do not declare dividends as frequently as quarterly or half – yearly barring special circumstances and the dividend distribution policy of the respective companies. But you can keep a watch on the announcement of their dividend declaration from this link http://www.moneycontrol.com/stocks...
The dividend of a company is given to their share holders whose name appear in the books on the ‘record date’. Therefore, to be eligible to get the dividends declared by a company you should have the shares delivered in your demat account on or before the ‘record date’ announced by the company.
You may also like to know about the companies which have good dividend payment track record. Please check here http://www.moneycontrol.com/stocks...
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