27 June 2023
Dividend declaration on 19-09-2022 and sales units on 19-09-2022 was 2380 units My question is that Dividend not declared on closing stock on 19-09-2022 while Dividend declared on sales units I.e on 2380. What is reason to declare dividend on sales units.
27 June 2023
The ex-date is usually the day before the record date and it determines which shareholders are entitled to a payment. The payment date is the day when dividend payments are made. An investor must be a shareholder before the ex-date in order to collect dividends.