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Ex Dividend / Final Dividend and Dividend payment dates
2 Answers
What qualifies shares on a dividend payment
ie do your have to complete purchase prior to the ex-div date and sell after the Final Div date or the payment date.
Am I correct?
ie do your have to complete purchase prior to the ex-div date and sell after the Final Div date or the payment date.
Am I correct?
Answers
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You just have to own them on the qualifying date which i assume is the (working) day before the ex-dividend date. You can sell them straightaway after if you want. In company reports you get statements like a dividend of x pence per share will be paid on 27 July to shareholders registered on 25 May. You can have sold the shares long before 27 July and still get the dividend.
You just have to own them on the qualifying date which i assume is the (working) day before the ex-dividend date. You can sell them straightaway after if you want. In company reports you get statements like a dividend of x pence per share will be paid on 27 July to shareholders registered on 25 May. You can have sold the shares long before 27 July and still get the dividend.
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