Few dates are important for an investor while receiving a final dividend. The first and foremost important date to notice is called the declaration date when the dividend is announced.
The next important date for any shareholder is the record date, which means the date on which a shareholder should have shares in the Demat account to be eligible for receiving dividends.
The third significant date is the ex record date. It is the date on which an investor must buy the shares to get them credited in the Demat account on or before the record date.
The last date an investor should remember is the payment date, on which the dividend is credited to the bank account.