How is particular dividend totally different from interim or last dividend??
DA6704:
How is particular dividend totally different from interim or last dividend??
Typically a Dividend is particular or further abnormal whether it is a lot bigger to regular (based mostly on it’s previous historical past of dividend distribution) dividend. Usually corporations will distribute these after they have distinctive outcomes or needs to make modifications to it’s monetary construction. To notice these are atypical occasions.In India they had been termed as extraordinary solely when they’re above 10% of the market worth of the underlying inventory and in any case if dividend is above 10% of market worth and if it has choices then it’s strike value might be adjusted accordingly. Examine this to know the way further abnormal dividends will impact the strike costs.
@siva-reddy ONGC has introduced a particular dividend of ₹6, and it’ll commerce ex-dividend tomorrow, i.e., November 19. Nonetheless, the futures costs don’t appear to have adjusted for the dividend, even a day earlier than the ex-dividend date. Why is that this the case?
