Hi all,

Wondering if someone could help me with how dividends work please... Say, if I buy some shares tomorrow (Tues) for a company going ex div on Wednesday, would I get dividend payments, if I sell first thing on Wednesday morning would I still be entitled?

Thanks in advance.

All responses have been very helpful, much appreciated, thanks

fawner, if you have bought on a Tue and sold on the Wed you will get the div as per piston broke above but also remember on that Wed the company's value is less as the Div has been paid so the share price will reflect this automatically first thing on Wed. i.e You buy in @ 400 p/s on Tue and on Wed depending on the amount of Div given out the share price will automatically drop e.g 3800 p/s. What I'm trying to say is that you might have to wait a while to recoup your investment as Div alone might not make you profit.