Dividend payment
This query is : Resolved
Querist : Anonymous
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?
CS Mitesh Mehta
(Expert)
11 February 2015
In case of Listed Companies register of members is maintained by RTA (Registrar & Transfer Agent)
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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