Step-by-step
- Record dividend per share and announcement date.
- Check the ex-dividend and book closure dates.
- Multiply eligible shares by dividend per share.
- Record tax or withholding assumptions separately.
- Reconcile expected dividend income with actual cash received.
Worked example
If you hold 1,000 shares and the company declares Rs. 5 per share, gross dividend income is Rs. 5,000 before tax effects.