Understanding Dividend Eligibility and Distribution:

To receive dividends from your stock investments, it's essential to understand the key dates and processes involved:

1. Eligibility Criteria:

Purchase Timing: To be eligible for dividends, you must purchase the stocks before the Ex-Date. Even if you sell the stocks on the Ex-Date, you remain eligible for the declared dividend.

Ex-Date and Record Date: These dates are crucial in determining dividend eligibility. The Ex-Date is the cutoff date to qualify for dividends, while the Record Date is when the company identifies eligible shareholders.

2. Dividend Distribution Process:

Payment Method: Eligible shareholders will have dividends credited directly to their primary bank account linked with their Upstox Demat account on the dividend payment date.

Payment Timeline: The dividend payment date typically occurs 30–45 days after the Record Date.

3. Monitor Bank Account: Ensure your bank account linked to your Upstox Demat account is active and regularly monitor it around the expected dividend payment date.

4. Addressing Non-Receipt of Dividends: Contact Registrar: If you do not receive the dividend after the payment date, reach out to the company's registrar for assistance.

You can find the details of the Ex date/Record date on the NSE website under the ‘Corporate Disclosures' tab and the BSE website under the ‘Corp Actions’ tab.

NSE

BSE