What is meant by Dividend?
A dividend is a payment made by a corporation to its shareholders. If you’re a shareholder, you can think of a dividend as your share of the company’s profits.
You will be eligible for dividends If you’ve purchased the stocks before the ex-date. If you've purchased the shares on or after the ex-date, you will not be eligible for the dividend.
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Where to check client dividend report?
Dividend statement is available in the Family 360 Report in AAA. Below is the path : Reports -> Family Portfolio -> Search Client -> PL Statement Dividends. Path for clients to check directly : Login to Markets App > My reports > Family 360 Report > ...
When will the Dividend be credited in my demat account?
The dividend is generally paid 30-45 days after the record date.
What is meant by consolidation?
1) A consolidation is an Exchange of existing shares for a fewer number of the same share type with an increase in the nominal value per share maintaining the company’s overall share capital. This means that although your shareholding is reduced, you ...
What is meant by stock split?
A company increases the number of shares that are outstanding by issuing more shares to existing shareholders. For example, in a 2-for-1 stock split, every shareholder holding one share is given an additional share. In such a case, the face value of ...
What is meant by Order Validity date?
Order Validity Date means the date chosen by you while placing Cash orders with VTD order validity. This date has to be equal to or less than the maximum validity date defined by IIFL.