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Join NowTo check the dividend received in Upstox, open the app and go to your ‘Portfolio‘. Select the specific stock you hold and click on it to view its details. Scroll down to find the ‘Corporate Actions‘ section. Here, you will see a complete history of all dividends and bonuses announced by the company. You can view the announcement date, ex-dividend date, record date, and the dividend amount. For any stock, even if you don’t own it, you can search for it and check its ‘Corporate Actions’ tab to see its dividend history. Upstox automatically credits the dividend amount to your linked bank account.
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Upstox makes it very simple to track these dividends. Once a company announces a dividend, Upstox handles the entire process and automatically credits the money into the bank account linked to your demat account. This guide will show you exactly how to check your dividend history and upcoming dividends for any stock directly within the Upstox app.
Step-by-Step Guide to Check Dividend Received in Upstock:
Method 1: For Stocks in Your Portfolio
This is the best way to check the dividend history for the shares you currently hold.
- Open the Upstox App: Launch the Upstox application on your phone and log in.
- Go to Your Portfolio: Tap on the ‘Portfolio’ section from the bottom menu.
- Select Your Stock: You will see a list of your holdings. Tap on the specific stock for which you want to check the dividend history.
- View Script Details: This will open the stock’s detail page. Tap on “Script Detail” to see more information.
- Scroll to Corporate Actions: Scroll down on the details page until you find the ‘Corporate Actions’ section.
- Check Dividend History: Here, you will see a list of all corporate actions, including dividends and bonuses. Tap on a “Dividend” entry to expand it and see the full details.
Method 2: For Any Stock (Even If You Don’t Own It)
You can research the dividend history of any company listed on the stock exchange.
- Search for the Stock: From the Upstox app’s home screen, use the search bar at the top to type the company’s name (e.g., “Indian Oil Corporation”).
- Select the Company: Tap on the correct company from the search results.
- Find Corporate Actions: On the company’s page, scroll down. You will find the ‘Corporate Actions’ section, which works the same way as for the stocks you own.
- Analyse the Data: You can now see all past dividends announced by the company.
Video Guide to Check Dividend Received in Upstock:
How to Understand the Dividend Details
When you look at a dividend entry in the Corporate Actions section, you will see several important dates and terms. Here’s what they mean:
| Term | Description |
|---|---|
| Announcement Date | The date the company officially declared the dividend. |
| Ex-Dividend Date | The most crucial date. You must have bought the stock before this date to be eligible for the dividend. If you buy on or after this date, you will not receive the dividend. |
| Record Date | The date on which the company finalizes the list of shareholders eligible for the dividend. |
| Dividend Type | e.g., “Final Dividend” (year-end) or “Interim Dividend” (during the year). |
| Dividend Amount | The amount paid per share (e.g., ₹5 per share). |
How to Confirm Dividend Credit in Your Bank Account
Seeing the dividend in the Upstox app is one thing; confirming the cash is in your bank is the final step.
- Check Your Linked Bank Account: The dividend amount is automatically credited by Upstox to the primary bank account linked to your demat account. Log in to your net banking or mobile banking app and look for a credit transaction with a description that includes the company name and “DIVIDEND.”
- Processing Time: It usually takes 30 to 45 days from the record date for the dividend to be processed and reflected in your bank account.
Common Issues & Reasons for Not Receiving a Dividend
If you were expecting a dividend but haven’t received it, here are the most common reasons:
- You Bought the Stock After the Ex-Dividend Date: This is the #1 reason. To be eligible, you must have purchased the stock at least one day before the ex-dividend date.
- Processing Delay: The credit process can take over a month. Please check if 30-45 days have passed since the record date.
- Bank Account Issues: In very rare cases, ensure your bank account details in your Upstox profile are correct and active.
Frequently Asked Questions (FAQs)
Q1: Does Upstox automatically credit dividends?
Yes, Upstox automatically processes and credits all dividends to the bank account linked to your demat account. You don’t need to take any action.
Q2: How long does it take to receive the dividend in my bank account?
Typically, it takes 30 to 45 days from the company’s record date for the dividend to be credited.
Q3: Where can I see my complete dividend history in Upstox?
The ‘Corporate Actions’ section for each stock in your portfolio shows your dividend history. For a consolidated report across all stocks, you can check your Consolidated Account Statement (CAS) from CDSL.
Q4: What is the difference between the ex-dividend date and the record date?
The ex-dividend date is the cut-off date for stock purchases to be eligible for the dividend. The record date is when the company checks its records to see who the shareholders are. In practice, if you own the stock before the ex-dividend date, your name will be on the record date list.
Q5: Are dividends taxed?
Yes, dividends are taxable as “Income from Other Sources” in your hands. You must declare this income when you file your Income Tax Return (ITR).
Conclusion
Tracking your dividend received in Upstox is a straightforward process that empowers you to manage your investment income effectively. By simply navigating to the ‘Corporate Actions’ section for any stock, you can access a wealth of information about past and announced dividends. Remember the golden rule: to receive a dividend, you must own the stock before the ex-dividend date. With Upstox, you have all the tools you need to stay informed and make the most of your equity investments.
