Readers hoping to buy The South Indian Bank Limited (NSE:SOUTHBANK) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company’s books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Thus, you can purchase South Indian Bank’s shares before the 17th of August in order to receive the dividend, which the company will pay on the 23rd of September. The company’s next dividend payment will be ₹0.30 per…
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Here’s What We Like About South Indian Bank’s (NSE:SOUTHBANK) Upcoming Dividend
