Australian (ASX) Stock Market Forum

TLS dividend...

Joined
May 19, 2010
Posts
93
Reactions
0
I must be missing something here. Lets say I have 1000 shares and the div is 28c. When I receive my div, it's not gonna be 1000 x .28, because the div is paid twice a year, right? So do I get it in 2 instalments, like 1000 x .14 twice a year?

So why did I only receive 1000 x .08 ( 8c ) ? What am I missing??
 

Country Lad

Off into the sunset
Joined
Jul 11, 2005
Posts
1,025
Reactions
441
So why did I only receive 1000 x .08 ( 8c ) ? What am I missing??
Are you sure it was 8 cents and not a little bit more? Then it could be explained by them not having your TFN and they deducted tax.

Cheers
Country Lad
 
Joined
May 19, 2010
Posts
93
Reactions
0
Checked it out at Link Market Services, apparently they quote the "participating" shares to be only 580 instead of 1000. I've had all my shares for ages, obviously way before ex div date. Any idea what's going on?
 
Joined
May 19, 2010
Posts
93
Reactions
0
Checked it out at Link Market Services, apparently they quote the "participating" shares to be only 580 instead of 1000. I've had all my shares for ages, obviously way before ex div date. Any idea what's going on?
Pretty sure they have my TFN....
 
Joined
May 19, 2010
Posts
93
Reactions
0
Oh dear, seems I bought 40% of these shares the day after they went ex div ! So that explains it.... I'm an idiot...:eek:
 

CanOz

Home runs feel good, but base hits pay bills!
Joined
Jul 11, 2006
Posts
11,534
Reactions
491
Can someone confirm the next dividend date for TLS? Is it end of Feb?
 

DeepState

Multi-Strategy, Quant and Fundamental
Joined
Mar 30, 2014
Posts
1,615
Reactions
81
Can someone confirm the next dividend date for TLS? Is it end of Feb?
On Feb 18 there will be an earnings release. In this, the dividend date will be declared.
 

CanOz

Home runs feel good, but base hits pay bills!
Joined
Jul 11, 2006
Posts
11,534
Reactions
491
Thanks Notting, Boggo and Deepstate!:)
 

rnr

Joined
Jul 1, 2007
Posts
551
Reactions
314
Can someone confirm the next dividend date for TLS? Is it end of Feb?
From Telstra's "Key dates - Investors"

March 2016

Thu 1: Ex-dividend share trading commences

Thu 3: Record date for interim dividend

Fri 4: DRP election date


April 2016

Fri 1: Interim dividend paid
 
Joined
May 31, 2008
Posts
4
Reactions
0
I must be missing something here. Lets say I have 1000 shares and the div is 28c. When I receive my div, it's not gonna be 1000 x .28, because the div is paid twice a year, right? So do I get it in 2 instalments, like 1000 x .14 twice a year?

So why did I only receive 1000 x .08 ( 8c ) ? What am I missing??
Could be tax. Did you supply TFN? Sorry for late reply. I'm only 5 years late. Hope you got it sorted.
 
Top