Ex date and record date for dividend

[ShubhS9]

@URABPR01

is it not necessary to have the shares in demat account? In the above scenario, the shares bought will be T1 and not delivered to demat yet?

Explained here.

Stock Btst on ex dividend date?

If you purchase one day before the Ex-dividend date which is called as Ex-cum date and sell it the next date, you are still eligible for the dividend. Since the stock is in Zerodha’s pool account, dividends on that stock get credited to Zerodha’s bank account. When the money gets credited to Zerodha’s bank account, we in turn credit it to the clients trading account with us. An entry similar to below is made on clients ledger with us. [image] We do this credit of dividend to trading account …