This discussion clarifies who is entitled to a dividend when shares are sold on the same day the dividend is issued. Generally, if shares are sold after the ex-dividend date, the dividend payment goes to the seller. This is because ownership of the dividend rights has transferred to the buyer before the ex-dividend date.
09 May 2024
Dividend issued on sale of shares also, Dividend issued on sale of shares on that day sale of shares, My question is that Dividend can be issued on sale of shares also on that day dividend issued.