What is dividend and what is the record date?
Dividend is a corporate profit that a company shares with its shareholders. Companies usually declare this when they have extra profits and want to reward investors. Record date is the cut-off date on which the company decides which shareholders are eligible for dividends or other benefits.
Disclaimer: This article has been written for information only. The information given here is not an advice for any kind of investment, buying or selling of stocks. Stock market investment is subject to risks. Before making any investment, definitely consult your market expert.