In case on investment accouts can there be any pre and post acquisition dividends for bonus and right shares??
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Can bonus and right shares have pre and post dividends?
Replies (1)
NO PRE-ACQUISITION DIVIDEND FOR BONUS SHARES AND RIGHT SHARES.
IN CASE OF INTERIM DIVIDEND, IF COMPANY DECLARES DIVIDEND AFTER BONUS ISSUE AND RIGHT SHARES, INVESTOR IS GETTING DIVIDEND AS POST ACQUISITION DIVIDEND ONLY.
DIVIDEND IS COLLECTED BY THE INVESTOR ONLY AFTER ALLOTTMENT OF SHARES (EITHER BONUS OR RIGHT SHARES)
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