North India Statesman
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There is good news for those investing in the stock market. A company of Bajaj Group, Maharashtra scooters limitedShe is giving a great gift to its shareholders. Company on each of its share 60 rupees dividend That is, it will give profits.
What is dividend?
When a company earns profits, it divides a part of that profit to its shareholders (share buyers). This is called ‘dividend’.
Who will get this money and when?
Now the most important question: Who will get this dividend? For this, you have to understand the ‘record date’, which 27 June Is.
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Record date (June 27): This means that on June 27, people whose name will be recorded as a shareholder in the company’s records, only they will get this money.
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Last date to buy: Due to the T+1 Settlement Rules of the stock market, if you want to get this dividend, then you share this 26 June Will have to buy before the market is closed. If you buy shares on or after 27 June, you will not get this dividend.
The biggest question: Should we just buy shares for dividend?
The dividend of ₹ 60 seems very attractive to hear, but should we just buy shares in this greed? In the opinion of experts, it can be risky to do so.
It is often seen that the day the company gives dividend (on an ex-dividend date), the share price also falls almost equal to the amount of dividend. That is, the benefit you will benefit from dividend can be equal to falling the share price.
