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Profitseeker
26th-June-2006, 12:14 PM
:confused: Hi,

If a company goes Ex DIvidend, if you sell do you still get the dividend. If not at what stage can you sell and still receive the dividend?

bullmarket
26th-June-2006, 12:22 PM
To be entitled to receive an upcoming dividend you must hold shares in that company after the market closes on the day BEFORE the ex-dividend date.

You can sell the shares any time you like after close of business on the day before ex-dividend....ie...on ex-div date or after......and still receive the dividend......

The same applies with ex-rights, ex-bonus, ex-entitlement ex-'whatever'

cheers

bullmarket :)

Profitseeker
27th-June-2006, 03:12 PM
Thanks.