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The person listed as a shareholder on the record date (the day the company checks its record of ownership) gets the dividend. Logistically this means you have to own the stock for two weeks or so before the payment date. But that is just because of the timing involved in distributing the money to the shareholders.

You have to buy the shares of the company before the ex-dividend date so that you get the delivery of any given dividend issued by the company by the record date and therefore are entitled to dividends.

Definition: The issuing company fixes a particular date when the investor must own shares in order to be eligible to participate in corporate events like receiving dividend, bonus shares etc. This is called record date.

What is a record date? The record date is the date set forth by the company that determines which shareholders are eligible to receive the company's dividends. It is also known as the cut-off date. The record date ascertains which investors can be deemed as the shareholders of the company.

The record date, or date of record, is the cut-off date established by a company in order to determine which shareholders are eligible to receive a dividend or distribution.

How Long Do I Need to Own a Stock to Collect the Dividend? To collect a stock's dividend you must own the stock at least two days before the record date and hold the shares until the ex-date.

Yes, you will be eligible for the rights issue even if you sell the shares on the record date. If you sell the shares on the record date, you would still own the shares of the company in your Demat account as on record date as these will be debited from your account post the record date.