As many as four companies, including Alicon Castalloy, Atishay, Man InfraConstruction and Metropolis Healthcare, have set May 19 as the record date for their respective dividends, effectively making today (May 18) the last date for interested investors to buy the shares of these companies to be eligible for the dividends.
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.
