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The Traders Thread - Wednesday 13th May (TRAD)     

Greystone - 12 May 2009 19:57

robertalexander - 13 May 2009 16:17 - 9 of 11

Ian
thanks, never knew that existed. By chance are ex divi dates normally on Wednesdays. tried a few futures dates and would appear so.
Alex

Greystone - 13 May 2009 16:56 - 10 of 11

End-of-day Market Overview

Kyoto - 13 May 2009 17:17 - 11 of 11

Alex - ex dividend dates are almost always Wednesday - although a handful of companies do have different dates. I can't recall any of the FTSE350 companies having a different day from Wednesday though.

In my experience there can be gaps in ex-div stocks depending on the provider - it's best to check a second source of dates such as Digital Look. Sometimes they will be missing information as well. It's not uncommon here for us to be poised to jump into a stock which is down and out of range on a Wednesday morning, and have searched RNS messages to find it's ex-dividend when nobody had it listed. So this kind of information can be a bit hit and miss sometimes.

There used to be a lot of scope for dividend plays a few years ago but I'm not sure of the attraction now.
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