A dividend is when a company shares some of its profits with its shareholders. Companies usually pay dividends in cash. These payments are made at regular intervals—quarterly, semi-annually, or annually—depending on the company’s policy.
The decision to pay a dividend shows that the company is doing well financially. Dividends give investors a direct benefit from a company’s success and are important for long-term investment planning.
Generally, the dividend is credited to your bank account linked to the Demat on Groww within 25-45 working days from the record date.