Dividend payout qwery

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If I buy or sell shares on Ex-Date of Dividend announcement, Do I receive the dividend? What is the record date?

Here’s the process flow of how Dividends are paid out: [Dividend Payment process] Dividend Payment process Dividend Declaration Date: This is the day the Board of Directors authorize and announce the dividends to its shareholders. Once the dividend is authorized it becomes the company’s legal liability to pay such dividends. Ex-Date or Ex-Dividend Date: As the name suggests, Ex-Dividend date is the date on which the stock trades without the dividend included in it. Normally the price of the …