Dear Adarsh
Your statement should read as below
You can sell the script after the record date. The dividend will be
CREDITED (not debited) directly to your bank.
Thanks
Mugunthanchari
To: sharetrading@ yahoogroups. com
From: adarsh_vn@yahoo. com
Date: Tue, 6 Jul 2010 18:32:20 +0530
Subject: Re: [sharetrading] Dividend
You can sell the script after the record date. The dividend will be debited directly to your bank.
--- On Tue, 6/7/10, sushanta jena <jena.sushanta@ gmail.com> wrote:
From: sushanta jena <jena.sushanta@ gmail.com>
Subject: Re: [sharetrading] Dividend
To: sharetrading@ yahoogroups. com
Date: Tuesday, 6 July, 2010, 10:57 AM
Dear Sir, If I sell the share just after the record date then will I get the dividend amount or not...please clarify thanks Rgds sushanta On Tue, Jul 6, 2010 at 4:16 PM, A P Abraham <abrahamap@airtelmai l.in> wrote: In most cases the stock moves down after the record date, below by the dividend payout amount. Buying a stock for its dividend works very rarely….
However ALL is a very good co and in a bull hold….
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