When is the stock on register under your name?

[ROE]

When you purchase the stock on the day
or at settlement day?

[reece55]

When you purchase the stock on the day
or at settlement day?

Settlement, until then it will be the broker's nominee company (i.e. Comsec Nominees Ltd).

Cheers
Reece

[ROE]

So who get the dividend? if ex-div fall between those 3 days?
the seller or comsec?

[reece55]

So who get the dividend? if ex-div fall between those 3 days?
the seller or comsec?

You still will ROE - the share register is always 3 days behind actual stock movements, so when they do a ru of shareholders at the date, you will be on the registry. It just takes them 3 days from the transaction to get that information.

Cheers

[ROE]

You still will ROE - the share register is always 3 days behind actual stock movements, so when they do a ru of shareholders at the date, you will be on the registry. It just takes them 3 days from the transaction to get that information.

Cheers

Cool thanks for clearing that up