What does AGM/DIVIDEND - 75% mena in Indian Stock Market?

Question

and should we buy the stock the day before the Last EX dividend date , to get the dividends

Answer 1

AGM mean the Annual General Meeting. Where the dividend declaring for investors. 75% dividend mean the 75% of the face value will get as dividend per stock. Suppose, you have 100 stock of a company with face value of 10 rupees in each stock. If the company declares 75% dividend, you will get 7.50 rupees on each stock this 100X7.50 is 750/- as dividend.

You can buy the stock before recording date to get benefit of this dividend. But when a company declares dividend, the price of the stock will zoom. So should be careful to get stock with reasonable valuation.

Does this make sense?