Telstra dividends

[kerosam]

i've got some telstra shares... bought them at ave $4.99... i am thinking of selling them but if i sell them now, would i be entitled to the dividend payout? how does paying of dividend works once a company annouces?

 

[rozella]

G'day kerosam,

TLS goes exdividend on 26th September, so if you want the dividend you will need to hold them until then......you can sell them from open on that day & have entitlement to the div.

 

[kerosam]

hi rozella,

thanks.

so the payout will be $0.4 per share, fully frank?

 

[chicken]

hi rozella,

thanks.

so the payout will be $0.4 per share, fully frank?

NO....it will be 14cents per share plus 6 cents special Div=== 20 cents per share fully franked.....so 10000 shares= $2000 payout

 

[rozella]

Sorry kerosam, did not see your post,.....but chicken has responded....thanks

 

[OPERAKAT]

If I sell my shares in TLS on the day they go EXDIV will I still receive the dividends due on those shares?