Dividend in futures

This query is : Resolved 

20 February 2012 Hey guys pls tell me whether a person is entitle to receive dividends declared and paid by the co if d person is holding futures of that company...? Acc to me he is not entitle bcoz no delivery of shares..

20 February 2012 he is not entitled.
As he is not holding the shares rather entered into transaction based on shares.

21 February 2012 http://220.227.161.86/23422rtpfinanewnov2011_2.pdf

then this is the link to the nov 11 Sfm RTP and in that solution to Ques no 10 on futures icai has incl div income why...?


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