Shareholders who purchase the stock at least one day before the ex-date are eligible for dividends, as the settlement occurs the following day. However, those buying the stock on the ex-date will not qualify for dividends, splits, bonus issues, or similar benefits.
Biscuit maker Anmol Industries files for $188 million IPO
Anmol Industries has embarked on its journey to the stock market with an initial public offering planned at a valuation of up to 18 billion