ERA - No dividend?

[toucher]

can anyone tell me why energy resources australia didn't pay their dividend today as announced??

 

[wayneL]

Re: no dividend?

The cheque's in the mail? :

 

[toucher]

Re: no dividend?

usually they quote ex dividend under company announcements?

 

[Julia]

Re: no dividend?

Toucher, perhaps you are misunderstanding the 'ex dividend' date.
Yes, that was today, 11 February 2008 ,but the ex-dividend date is not the same as the payment date which is 29 February 2008.
What the ex-div date denotes is that if you buy the stock after that date you are buying without the dividend being attached to it. If you owned it prior to 11 February you will receive the dividend payment on/about 29 February.

 

[numbercruncher]

Just an era, we all do it

 

[toucher]

ahhh i see. so when does the share price sometimes take a fall, on the ex div date or payment date

 

[Bill M]

ahhh i see. so when does the share price sometimes take a fall, on the ex div date or payment date

On the ex div date because if you buy on that date you are no longer entitled to that dividend.

 

[Tristo]

Just an era, we all do it

I'll pay that, haha.

 

[Birdster]

I'll pay that, haha.

Me too...100% fully franked

 

[Birdster]

I'll pay that, haha.

Me too...100% fully franked