What happens to dividend entitlement when shares are sold on the ex-dividend date?
What happens to dividend entitlement when shares are sold on the ex-dividend date? |
An investor purchasing shares on or after the ex-dividend date is generally not entitled to the dividend for which that ex-date has been fixed. The entitlement remains with the investor who held the shares in the eligible position before the ex-date, subject to the applicable settlement cycle. Know Ex-Date Rules Understand how buying or selling shares around the ex-date affects dividend eligibility. Have a question? Email Us: customer.care@jainam.in | Call Us: (0261) 6725555. |