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Question: Dividend

No problem!

 

thanks for the reply!

 

i think you can do that technically lah.. but the price of the stock will be skyhigh just before they ex-dividend the next day. and the next day, the stock price will drop. the gains you make in the dividends may be cancelled by the drop in capital gains.

 

so if i bought one day before the dividend being given out then i'll be entitled to the dividend on the next day?

 

until the coy goes ex-dividend.

 

How long do I need to hold on to the share of a company in order to hold on to the dividend given out?