Many companies are catching the eyes of investors because they will pay dividends soon. On January 28, their shares will start trading without the dividend included, which is called “ex-dividend.” If you want to get these dividends, make sure to buy shares by January 27 because that’s the last day to do so.
To get the dividend, you need to own the shares in your Demat account by the record date. Shares settle the next trading day (T+1), so you must buy them at least one day before the ex-date. Buying on the ex-date means you won’t get the dividend.
Dividends are important as they show how companies share their profits with investors. They usually give cash dividends every quarter, but sometimes they can offer extra shares instead. Companies that are stable and make money regularly often pay dividends, which attracts investors looking for steady income.
Here are some companies declaring dividends before January 28:
– Mangalam Industrial Finance: Rs 0.01 per share
– Tips Music: Rs 3 per share
– Wendt (India): Rs 30 per share
– Zensar Technologies: Rs 2 per share
(Disclaimer: The opinions and views expressed are those of the experts and do not represent those of Thellv.news)
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