Which investors are eligible for Dividend?
Just like the Fake News on mobile, don’t hedge your bets on rumors. So, always double or even triple check the source of the rumors. Unauthenticated market news usually means someone else is trying to make money at your cost.
Passwords of your financial accounts should ideally be just with you. It is best not to share it at all. And never ever try to share passwords with someone over WhatsApp and other online mediums. Some secrets are best kept with oneself.
Always beware of those who promise very high returns. Invested money grows as per market conditions, so take such claims with a pinch of salt. It usually means they promise you returns, without really wanting ever to return your money!
Dividend Tax is meant for only those investors who earn more than ten lakhs of rupees annually, they have to pay 10% of their dividend.
Always get proof of purchase. Ensure that for every executed trade you receive duly signed contract note, with details of the trade. If not, you are just putting your money at risk, and you won't be able to hold anyone liable for it.
Ex-date and record date both are clubbed together which a company uses to identify the long term shareholders and provide the bonus.
It is human nature to seek high returns in the short term. But overnight successes are rare and usually too good to be true. So check for past performance before making any investment. Beware of the carrot that never really existed.
Every stock-based investment carries the caveat of being subject to market conditions. Tips like 100% guarantee on a stock are highly suspicious. Don’t fall for it. Go for SEBI authorised centres. Don’t forget to report dubious claims!
Dividend yield varies from company to company; some of the companies have a fixed policy whereas others provide the dividend yield based on the profit.
Just like the Fake News on mobile, don’t hedge your bets on rumours. So, always double or even triple check the source of the information. Unauthenticated market news usually means someone else is trying to make money at your cost.