What are dividends?
The amount of money given to shareholders as a reward for their investment in a business is known as a 'dividend’.
If stocks of a company that issued dividends have been held, how and when will I get the dividends?
- The dividend will be deposited straight into the bank account that is connected to your Demat account.
- According to SEBI regulations, typically within 30 days of the declaration date.
- Depending on their payout schedule, some businesses might make payments earlier.
Why are dividends not credited, and what should shareholders do in order to get them?
The following reasons could prevent dividends from being credited:
- Your Demat account is associated with inaccurate or out-of-date bank information.
- shares purchased after the record date, which disqualifies you.
- bank account that is dormant or closed.
- After seven years of no claims, the dividend was transferred to the Investor Education and Protection Fund (IEPF).
Where can I check all upcoming dividends?
You can check upcoming dividends directly within your MoneySukh app by following the below steps:
- First download and then log in to the “MoneySukh Pro” app.
- To download the application, follow the below link:
- For Android, Click here
- For iOS, Click here
- For Web Application, Click here
- Then go to the “more” option (bottom right corner).
- There you can see “Corporate Actions”.
- Click on that, and you will find all dividend, bonus, rights, and split-related corporate actions.
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