When will I receive the dividend amount at 5paisa?
You will receive the dividend amount according to the dividend payment
schedule provided by the company. Typically, dividends are disbursed after the
company's Board of Directors approves the dividend and the relevant dates, such
as the record date and payment date, have been met. The specific timing can
vary based on company policies and practices.
However, you will receive notifications from the company's Registrar and
Transfer Agent (RTA) if you are eligible. Please be aware that the dividend
amount is directly deposited into your registered/default bank account.
It's important to note that Tax Deducted at Source (TDS) is also applicable to
dividends amount.