When should I buy the shares to get dividends in NSE market?

Question

should i buy and hold the share 1 day before the EX DIVIDEND date ? please help and mention your sourse also... I wil mark U as the best answer

Answer 1

It is entirely upto the company to declare its dividend.  However most of the companies do it immediately after they declare their quarterly results.  During the earnings season, companies get an estimate of their profits and hence declare the dividends.  So watch out closely for the quarterly results from each company

Answer 2

You need shares in your demat account on the record date.

The record date is announced in the the companies dividend declaration announcement on BSE or NSE websites. This date will be a future date. So after dividend declaration, you will get chance to buy the share and qualify for the bonus.

In short, Buy the share 2 days before the record date.

Eg: If the company declared 25th July as dividend date on 1st July,

you only need to buy on or before 22nd July as the shares brought on a particular date will takes T+2 days to get into your account. (T+2= Trade day+2days).

Thank you.

Answer 3

Yes, you must buy and hold the share 1 day before the ex-dividend date to receive the dividends payable on that share.

In theory, the share price tends to be dropped in a similar amount of the dividends payable after the ex dividend date. Therefore, if you would like to have a short term trading with an aim to get the dividends only, it may be not a good idea.

Answer 4

Yes, you have to have purchased the stock the day before the ex dividend day.  That is why they call it the ex dividend day.  On that day the stock no longer trades with the dividend.  It should trade at a price on that day that is less the dividend.