Others   

Dividends

ohh i think i finally understood now.

thanks guys for clarifying!

-)

 

U can buy/hold till last date (last day before 5pm) before the EX-date. The morning after last date, u can wait to collect ur dividends on a new waiting payment date. Selling ur EX-dividends stocks is also available to U in open mkt and the price will usually drop accordingly less what ever amount.

 

You will still be entitled to your dividends as long as you buy it before the ex date. but do remember, the price that you are buy before the ex date will likely factor in the dividend amount. Once, it is ex, the likelihood of the amount going down is highly likely. As the stock price will correct off the dividend amount payable to you. In short, buying before ex date is not worth it unless you are prepare to hold on this particular stock that you mentioned.

 

thanks gho485.

Another question:

what happens if i buy 2 days before the "ex" date and sells it on the "ex" date. Will i get dividends?

 

robinpang

as soon as you keep your stock thru to ex date you are able to sell your share yet recieve your long await dividends.

 

Hi, i am confused.

i currently am holding the stock of chip eng seng which will be paying dividends. However this is the first time that i am receiving dividends. I however would like to sell the stock after i get the dividend because i need to pay some losses. Which is the earliest date that i can sell the stock and still receive dividends? isit on the "ex" date or the "record" date?

More experience trades please help me clarify! Thanks