Sir,

Is the dividend amount taxable? If yes how many percent? Please guide

Regards,
Vats...

Sir,

Ex-Dividend Date is 12th when is the record date ? If i sell my shares after 12th will i be eligible for the dividend? Please advice.

Regards,
Vats...

imperiousvats, dividend amount is not taxable in the hands of investors but co pays tax on dividend coz it is distributed out of net profits only...

No, dividend amount is tax free. So no tax on dividend received by you....

Co. has announced book closing dates from 16th sept. So if u hold yr share as on 15th, you will get dividend. Once u sell yr shares on 12th,its delivery wil be only on 16th and you will get yr dividend. there is no record date for dividend, only book closing dates....

If u sell shares after 12th, you will get your dividend on shares held by you as wef 12th the share is ex div. book closing from 16th Sept....