Yes. If a US company you hold declares a dividend, it is settled and credited to your US wallet on the payment date. Note: that US companies deduct a 25% withholding tax on dividends before crediting the remainder. If a company declares a dividend for e.g. $0.25 per share. If you hold 10 shares, you receive $2.50. Net dividend is taxable at your slab rate; DTAA credit available for US withholding tax.
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