Ex Dividend Sale
This query is : Resolved
Quick Summary
RAJEEV KUMAR MEHTA
(Querist)
11 March 2021
Sold BPCL shares at ex-dividend price on 18.2.2021, ex-dividend date being 19.2.2021. Record Date fixed by company 19.2.2021.
Under the premises am I entitled for dividend? I believe, yes but fact is that I have not received dividend.
Request for clarification.
Under the premises am I entitled for dividend? I believe, yes but fact is that I have not received dividend.
Request for clarification.
CA R SEETHARAMAN
(Expert)
11 March 2021
You are entitled for dividend.
RAJEEV KUMAR MEHTA
(Querist)
11 March 2021
Thank You but irony is that have not received the dividend.
CA R SEETHARAMAN
(Expert)
11 March 2021
Contact the broker they will clarify it. On 18th itself the shares would have been transferred so you are not receiving dividend.
Dividend might have been received by the broker contact him.
Dividend might have been received by the broker contact him.
RAJEEV KUMAR MEHTA
(Querist)
11 March 2021
Appreciate your response. Shall do the needful!
RAJEEV KUMAR MEHTA
(Querist)
12 March 2021
The Registrar and Share Transfer Agent has responded as under.
The question that arises is what is the meaning of ex dividend date? Request clarification.
Dear Share holder,
With reference to the trailing mail we wish to inform you that the record date for payment of interim dividend for the year 2020-21 interim is 19.02.2021 EOD. If the shares were sold before this day or purchased after this day, the shares do not qualify for dividend.
The question that arises is what is the meaning of ex dividend date? Request clarification.
Dear Share holder,
With reference to the trailing mail we wish to inform you that the record date for payment of interim dividend for the year 2020-21 interim is 19.02.2021 EOD. If the shares were sold before this day or purchased after this day, the shares do not qualify for dividend.
RAJEEV KUMAR MEHTA
(Querist)
24 March 2021
Thanks. Finally got the dividend through Broker as advised by you.
CA R SEETHARAMAN
(Expert)
24 March 2021
Welcome. I feel happy to know that you got the dividend as suggested by me.
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