HDFC Dividend Credit

I’m new to equities, so please assist…

I maintain HDFC shares for final 6 months… they introduced dividend of 19rs in Might (first week)…I assumed i’m eligible and was ready for my dividend to be credited… however i haven’t but obtained something on my checking account…

How lengthy does it take for dividends to credit score? i hear upto a month…Has anybody else obtained HDFC dividend but?In case of no present of dividend whom to contact?(I verified my demat account it exhibits appropriate account and every little thing)

I’ve HDFC shares and until date not obtained the dividends. It is going to be paid solely after the AGM.

HDFCBANK dividend ex-date is 10/05/2024. For those who had been holding shares as of that date, you’re eligible for Rs 19.50 dividend per share. It often takes 30-45 days for dividends to hit your checking account. If not, you may at all times contact the corporate’s RTA. Extra

It Will Credited To You After AGM or You Can Say After A Month, However If You Need To Purchase One other Share To Avail Dividend (and in addition the acquire after the dip) , You Can Promote These HDFC Share Now, The Dividend Gonna Credited To You

Is the dividend pro-rata foundation or one can maintain the share for few days earlier than and after and nonetheless obtain full dividend?

Is the dividend pro-rata foundation or one can maintain the share for few days earlier than and after and nonetheless obtain full dividend?

You may promote the shares anytime after the ex-date, and you’ll nonetheless be eligible to obtain dividends.

I assumed 30-45 days from report date, which can or is probably not the date for AGM. Isn’t it?

For last dividend it’s at all times from the date of AGM. And report date has no connection to AGM date.

Easy logic. If shareholders don’t approve the dividend declared within the AGM, how can the corporate pay dividend. So there’s additionally a chance that even in case you maintain shares on report date, the corporate might not pay dividend. Very uncommon, however it might probably occur and it has occurred earlier than with few corporations.

You may promote the shares anytime after the ex-date, and you’ll nonetheless be eligible to obtain dividends.

I by no means payed for dividend play , however what’s the significance of ‘Document date” which one hasto take into account for to get dividend?

there are 2 date … ex date and report date … based on our T+1 Settlement system, now we have to purchase the share on or earlier than ex date.

Suppose Financial institution Of India Announce Dividend Of two.80 Rupees On Every Share, The place The Ex-date Shall be 18-06-2024 And The Document Date Will Be 20-06-2024 (i.e, T+1 Will Be The Document Date )

Though Document Date Doesnt Matter, To Declare The Dividend We Have To Purchase The Share On Or Earlier than Ex-Date.

Sure. However After Document Date If You Offered The Share, You may Additionally Declare The Dividend, As You Are Recorded.