Confirmation of getting dividend

[Prayag]

They would be eligible for the dividend. Refer to this thread -

@ShubhS9

@RLM

if client 1 : buys on ex date and client 2 : sells on the same ex date ; and both the clients are of one same broker only . Then whom client would the broker pass on or transfer the dividend to ?

Buyer of the shares is not eligible to receive dividends if bought on ex-date, while seller of the shares on ex-date will be eligible to receive dividends.

So the dividends received will be passed on to the seller of the shares.

@ShubhS9

Buyer: Eligible to receive dividends if bought before ex-date. Not eligible for dividends if bought on or after ex-date.

Seller: Eligible for dividends of sold on or after ex-date. Not eligible for dividends if sold before ex-date.