I have a few queries regarding "Dividends" and hoping to find the answers on our community!
For example, let's take IOC.
Ex-Date: 04 Sep 2015
BC/Record Date: 08/09/2015-15/09/2015
How much Dividend I should receive and by when? Is there a fixed date.
(I haven't yet received any Dividend from IOC yet!)
1. I bought a few (ex- 50) shares of IOC on 03 Sep 2015.
Then, on 07 Sep 2015 I sold them (all 50 shares). I also bought back a few (ex - 20) shares on 07 Sep.
2. I bought a few shares (ex - 100) with broker A (last was received by OFS on 24 Aug 2015). After that, I haven't traded IOC with this account.
And, the transactions of IOC with broker B are as above (point 1).
Will I receive the Dividend from both these accounts where I have IOC?
Thanking in anticipation,