The Economic Times

Dividend alert! Last day to buy HDB Financial, Tech Mahindra, LTM among 10 stocks for dividend rewards

Under Sebis T+1 settlement cycle, investors need to purchase a companys shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy the shares so that they are credited to their accounts by the record date (October 23), making them eligible for the dividend.