What Does Record Date And Ex-Date mean? How To Find Ex-Date?
Hi Friends, Many times, we hear about different corporate actions such as dividends, bonus issues, and stock splits. To participate in corporate actions, investors should be aware of different dates to make sure that they are eligible for corporate action. Investors get confused with the below queries in the mind When you will get dividends or bonus shares or split shares? Are you eligible for corporate action? When do dividends, bonus shares, or split shares get credited into the account? To clarify the above queries, you need to understand the different dates for the corporate action. Let's see important dates and what they meant for you. Announcement date It is the date of approval of corporate action such as dividend, bonus issue, or stock split. It is approved by the board of director Record date It is the cut-off date finalized by the board of directors to determine the list of eligible shareholders. On this date, an investor should own the share. Shareholders wh...