Answer to Question #143924 in Finance for Daisy

Question

You purchased 10 shares of L& T Company last year. On 5th March 2019, the
company has declared a dividend Rs 50 per share. The income is earned but not yet
collected in your account during this financial year

Answer 1

Dividends are paid to the investor at the end of each year. Now that the company has declared a divided of Rs 50 per share on march, the amount will reflect at the end of the fiscal year.