What is meant by Dividend?
A dividend is a payment made by a company to its shareholders as a share of the company’s profits.
To be eligible for a dividend, an investor must buy the shares before the ex-dividend date.
If the shares are bought on or after the ex-dividend date, the investor will not be eligible for that dividend.
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When will the dividend be credited in my bank account?
The dividend is generally paid 30-45 days after the record date.
Dividend Report / Portfolio + Report
From IIFL Markets Web Portal Log in to your account on markets.iiflcapital.com. Go to the top-right corner of the page and click the dropdown arrow. Navigate to Reports → Portfolio+. Open the Portfolio+ section and download portfolio+ From the IIFL ...
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.