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Dividends

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limbei
    26-May-2007 10:07  
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orianet
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Posted: 25-May-2007 22:32
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Hi,

am just a novice starting to trade. Need some advice....... there was some dividends announced on BT on Monday. How do you decipher the payment??

E.g 0.50 (how much to 1 lot?)

Thanks Smiley
I believe when you type 0.50, you are saying 0.50cents.
If that is so, 1 lot = 1,000 x (0.5c/100c) = $5.
 
 
noobie
    26-May-2007 09:58  
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if they announced $0.01 dividend payout (usually it means $0.01 per share), then 1 lot (1000 shares) will give you $10. Hope this clarifies. 
 
 
orianet
    25-May-2007 22:32  
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Hi,

am just a novice starting to trade. Need some advice....... there was some dividends announced on BT on Monday. How do you decipher the payment??

E.g 0.50 (how much to 1 lot?)

Thanks Smiley
 
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