I hold stocks of a company that issued dividends, how and when will I get the dividends?
Firstly you need to check if you are eligible for the dividends. To be eligible for the dividends you need to have purchased the stocks before the ex-date (you will be eligible for dividends if you have sold the stocks on ex-date as well)
If you’ve purchased the stocks on or after the ex-date, you will not be eligible for the dividend.
If you are eligible for dividends, you will receive the dividends in your bank account (primary bank linked with Zerodha DEMAT), on the dividend payment date. If you have sold shares from your holdings on the ex-date, the dividend will be credited to your trading account.
The dividend payment date is generally 30-45 days after the record date.
If you are eligible for dividends and have not received it even after the dividend payment date, you will need to contact the companies registrar.
You can find the details of the company registrar on the NSE website under ‘company information’ tab and BSE website under ‘corp information’ tab.