AGM date is 2nd June. Will they get share holder approval to pay dividend ?
Otherwise what will happen to the share?
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On June 2nd, SAMP shareholders are likely to approve the dividend that has been announced. The item is listed in the Agenda. I don't think there would be anyone who would vote against it.hettdas wrote:My concern is "Will Sampath pay the dividend as agreed"?
AGM date is 2nd June. Will they get share holder approval to pay dividend ?
Otherwise what will happen to the share?
I expect that, when SAMP starts trading XD on June 3rd, the price would adjust downward by about Rs 12 from the previous day's closing level. This is because the seller would have earned the dividend, and the buyer would be buying the share without the dividend (ex-dividend).SUSPENS wrote:what will happen on dividend date ....will share price go down by 11 - 12 ..or
If the market is upward/bull this 12 drop will only last for a very little period and come back to before xd price very soon.lbnnirmal wrote:Yes definitely we could see price drop on XD but only concern would be how much would it go on upward trend. There is high chance of continue this positive move until XD and might be able to see that price drop.
Personally I believe it would be recover soon with positive movement.
cseguide wrote:If the market is upward/bull this 12 drop will only last for a very little period and come back to before xd price very soon.lbnnirmal wrote:Yes definitely we could see price drop on XD but only concern would be how much would it go on upward trend. There is high chance of continue this positive move until XD and might be able to see that price drop.
Personally I believe it would be recover soon with positive movement.
Junior investor wrote:have received sampath dividend yet? they transferred it to my sampath bank account today.
but today it was transferred to my accountAntonym wrote:Junior investor wrote:have received sampath dividend yet? they transferred it to my sampath bank account today.
That's early! Payment date was supposed to be June 12th.
I have not yet received SAMP dividend, probably because my account is with another bank.
they gave me a shareholder identification card last year. i dont know its core purpose but its cool to have it.engineer wrote:oh by the way do they issue a special ID for the shareholders? I heard this from few people online but failed to find any source from the bank
its gone to brokers personal account..M S L DIAS wrote:Yesterday some got the samp dividends, but I haven't given my account number when I was creating the Cds account but I gave my account details today.. Am I still entitled to get the dividend payment??
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