How Can I Track The Dividend of My Stock Holding at HDFC Securities?

Companies give dividends to their shareholders in exchange for earnings. They are one of the ways that investors profit from stock investments because they are paid regularly. Depending on whether they are utilised as income or reinvested, cash dividends may be paid in cash or through the issuance of more shares. One kind of dividend is the stock dividend.

Direct bank account credit occurs for your stock dividends. You can take these steps to monitor the dividends of your stock holdings at HDFC Securities:

Step 1: Log into your account, go to the HDFC Securities website or download the HDFC Securities app.

Step 2: Next, on the dashboard or home screen, locate “Holdings” under the “Portfolio” heading.

Step 3: You can find a stock’s details by clicking on the one you want to track dividends for. Information on declared or pending dividends can be found on a this page.

Step 4: In the “View Dividends” section of the stock details or options menu, you can get information on dividends. 

You can easily get dividend information by the above-mentioned methods. Moreover, here are a few things you should know regarding dividends.

1. After the record date, or the day the corporation announced the dividend, it typically takes 30 to 45 days for the dividend to show up in your account.
2. Your primary account, which is connected to your HDFC Securities DEMAT account, will receive a direct payment of your dividend.
3. If your bank account isn’t registered, dividend payments will be made through cheque.
4. You would be able to see dividends for every company you have invested in in your trading account.

Additionally, a dividend can be paid in shares, in which case you must periodically check your HDFC Securities Demat account.