The calculation is straightforward. Once a company declares a dividend per share, you multiply that by the number of shares you hold on the record date.
Formula
Dividend Amount = Dividend per Share × Number of Shares Held
Example
A company declares a dividend of ₹5 per share. You hold 200 shares as of the record date.
Your dividend = ₹5 × 200 = ₹1,000
This amount is credited directly to your linked bank account on the payment date.
One thing to check
Your shares must be in your DEMAT account as of the record date to be eligible. If you bought the shares on or after the ex-dividend date, you won’t receive the dividend for that cycle and even if the shares are sitting in your account when the payment is made.
Easy & quick
Leave A Comment?