What does record date and ex-date mean?

Record Date:

The record date is a crucial moment for a company to identify eligible shareholders for corporate actions. If you hold shares in your demat account on the record date, you qualify for various corporate benefits like rights shares, bonus shares, stock splits, dividends, and more.

Ex-Date:

The ex-date marks when a stock begins trading without the advantages of a corporate action – it goes ex-benefit. Both the ex-date and record date for corporate actions align since all instruments move to the T+1 settlement cycle. A stock trades cum-benefit (cum-rights, cum-dividend, etc.) until the ex-date or the record date.

How to Check Dividend Ex-Date/Record Date:

For NSE-listed stocks,https://www.nseindia.com/nseindia.com, scroll down, and click on Corporate Actions.

On BSE, go to bseindia.com, click on Corporates, and then on Corporate Action.