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Training: CD = Cum Dividend, XD = Ex Dividend

that's right. scripless basis now.

 

Thanks. So far I remember is one dividend paid from Creative last year. This will be automatic right ? I need not to go to their office to get my dividends right ? Thanks.

 

I'm no senior but if you bought the stock when it is CD, it means that you will receive dividends accrued to it. If it's XD, it means that buying the stock will not allow you to accrue dividends declared.

The reason for the drop in price is because during CD period, the price of the stock would have increased to account for the right to the dividends declared.

Hope it helps.

 

Dear Senior,

Can you advise me the difference on this on the stocks ?

I brought one share with CD but today the price was XD which drop certain percentage, does this mean that my value of the stock have drop or the dividend is given to me ?

There is a drastic drop these few days .. not sure it due to selling or due to the dividend. Appreciate if experts can advise. Thanks.