What is meant by a Dividend?
Jainam Broking Limited
Last Update 2 years ago
A dividend is the distribution of a portion of a company's profits to a class of shareholders determined by the board of directors of the company. A dividend is a symbolic payment made to shareholders in exchange for their equity investment in a firm, and it often comes from the company's net profits
You'll be qualified to receive dividends. if you bought the shares prior to the ex-date. You won't be qualified for the dividend if you bought the shares on or after the ex-date.