Silver6
- 17 Oct 2004 10:31
Does anyone know of any good sites which give details of forthcoming dividend payments,thanks
Silver6
- 19 Oct 2004 22:17
- 6 of 14
I was looking 4 a list tahat shows each weeks dividend
Jumpin
- 20 Oct 2004 00:14
- 7 of 14
If you are looking for divi plays then you will have to know a lot of sectors inside out.
Are you looking at trading them weeks before the xd date?
Scripophilist
- 20 Oct 2004 09:08
- 8 of 14
It's right under your nose.
http://moneyam.com/marketdiary.php
np1009440
- 20 Oct 2004 09:54
- 9 of 14
Can someone help me - How long do I have to hold a stock befroe I become eligible for a divi. How are the payments calculated i.e if I hold for 3 months do I get 1/4 of the annual divi?
Thanks
StarFrog
- 20 Oct 2004 10:19
- 11 of 14
np1009440: I'm afraid there is no concept of 'pro-rata' as far as dividends are concerned. You will get the whole dividend of a stock if you still hold the stock on the day that the stock goes 'Ex-dividend'. This date is posted by the company usually in its interim or final reports along with the date that the dividend will actually be paid to you. However - the same is not entirely true if you are trying to buy a stock to get the dividend. In this instance, you usually have to buy the stock at least three days before it goes 'ex-dividend'.
np1009440
- 20 Oct 2004 10:34
- 12 of 14
Thanks Starfrog - why dont people by the the stock 3 days pre ex-divi and then sell one day after ex-divi date and pocket the divi? Assuming no radical movement in the sp over those few days you will be quids in? I am probably missing something important............
StarFrog
- 20 Oct 2004 10:51
- 13 of 14
np1009440: Ah if life were so simple!! The key issue here is that there is (nearly) always a dramatic change in the share price on the day that the share goes ex-div. In general, the share price will fall by exactly the cost of the dividend since that amount of cash is physically being removed from the company's assets and so its worth must fall by the same amount. Also don't forget that you will have dealers charges to account for when buying and selling that share.
np1009440
- 20 Oct 2004 11:06
- 14 of 14
Doh! Thats that plan scuppered.