Modern Shares & Stockbrokers Ltd Dividend History
Latest Dividend
₹0.50
FY2018 · Final
Declared On
23/05/2018
announcement date
Ex-Date
24/07/2018
last ex-dividend date
Record Date
26/07/2018
eligibility cutoff
Dividend Yield
2.65%
as of 21 Aug 2026
History of Modern Shares & Stockbrokers Ltd's Dividend payments
| Announcement Date | Ex-Date | Record Date | Type | Dividend / Share |
|---|---|---|---|---|
23/05/2018 | 24/07/2018 | 26/07/2018 | Final | ₹0.50 |
24/05/2017 | 19/07/2017 | 21/07/2017 | Final | ₹0.50 |
20/05/2016 | 01/07/2016 | 05/07/2016 | Final | ₹0.50 |
29/05/2015 | 24/07/2015 | 28/07/2015 | Final | ₹1.00 |
31/05/2014 | 16/09/2014 | 18/09/2014 | Final | ₹1.00 |
Discover More Dividend Stocks in Financial Services Sector
FAQs
What is the latest dividend declared by Modern Shares & Stockbrokers Ltd?
Modern Shares & Stockbrokers Ltd declared a dividend of ₹0.50 per share on 23 May 2018, with a record date of 26 Jul 2018.
When will I receive the Modern Shares & Stockbrokers Ltd dividend?
To receive the Modern Shares & Stockbrokers Ltd dividend, you must hold 509760 shares before the ex-date of 24 Jul 2018. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.
How often does Modern Shares & Stockbrokers Ltd pay dividend?
Modern Shares & Stockbrokers Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.
Is Modern Shares & Stockbrokers Ltd a good stock for dividend income?
Modern Shares & Stockbrokers Ltd's current dividend yield is 0.00%. This is relatively low — Modern Shares & Stockbrokers Ltd is primarily a capital appreciation stock rather than a high-dividend one.
How much tax will I pay on Modern Shares & Stockbrokers Ltd dividend?
Dividends from Modern Shares & Stockbrokers Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Modern Shares & Stockbrokers Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.