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Dividend payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 February 2015 How does a company pay dividend to a shareholder who has bought shares from a broker? Does the company's share registry maintain the particulars of such shareholders?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
11 February 2015 In case of Listed Companies register of members is maintained by RTA (Registrar & Transfer Agent)
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 February 2015 yes all those who are registered as share holders as members in the regisitered maintained for this purpose on date of declaration of dividend are entitled for same.
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