Among these, dividends stand out as one of the most common forms of rewarding shareholders, involving the distribution of a portion of the company’s profits to its shareholders. Public sector companies are particularly known for their consistent dividend payouts. To capitalise on corporate actions, investors need to stay abreast of the announcements made by companies … Read more
In an era marked by increasing cybercrime, safeguarding demat accounts has become paramount, and several security measures, including the Unique Client Code (UCC), have been implemented to enhance protection. The UCC acts as a crucial identifier, ensuring the confidentiality and integrity of client information. The Unique Client Code serves as a vital identification number assigned … Read more
In contemporary times, mobile phones possess capabilities equivalent to those of computers, becoming indispensable tools for various activities ranging from bill payments to online shopping. This widespread adoption of mobile phones has also spurred advancements in financial services. Also Read: What are the charges associated with a demat account? Stockbrokers and fund managers have developed … Read more
However, alongside the convenience, there’s also been an uptick in fraud cases associated with demat accounts over the past decade. This rise in fraudulent activities can be attributed to the influx of new investors entering the market without adequate knowledge of safeguarding their investments. While stock market regulators and brokerage firms continuously strive to implement … Read more
These norms serve to verify the identity and credentials of account holders, ensuring transparency and security in financial transactions. In 2002, the Reserve Bank of India (RBI) introduced KYC guidelines for banks to prevent their misuse for illicit activities like money laundering or terrorist financing. Also Read: Demat Account: How to choose between full-service and … Read more
Dividends play a significant role in generating income for investors in stocks or mutual funds. Dividends signify a fraction of a company’s profits shared with its shareholders. This allocation is influenced by multiple factors, encompassing earnings, financial health, and corporate strategies. Companies often declare dividends periodically, whether quarterly or annually, reflecting their commitment to distributing … Read more
