As many as 11 stocks will turn ex-record dates for their respective dividends on May 22, effectively making today (May 21) the last date to buy the shares of these companies in order to be eligible for the dividend payment.
Only those shareholders who own the shares of the companies as on the record date will be eligible to receive the dividends. As per SEBI’s T+1 settlement rule, investors who buy the shares today, will get the shares credited to their demat accounts by tomorrow, making them eligible for the payment.
