AGM: - 4.June.2012
XD: -20 june.2012
i buy june 19 and sold june 20.can i enter to get dividends?plz tell
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ddrperera wrote:we assumed that a company DIVIDEND ANNOUNCEMENT
AGM: - 4.June.2012
XD: -20 june.2012
i buy june 19 and sold june 20.can i enter to get dividends?plz tell
You are entitle for the dividend, if you purchase before the XD date. XD date belongs to the seller. So, the buyer who buys on XD date is not entitle for the dividend.Malika1990 wrote:ddrperera wrote:we assumed that a company DIVIDEND ANNOUNCEMENT
AGM: - 4.June.2012
XD: -20 june.2012
i buy june 19 and sold june 20.can i enter to get dividends?plz tell
According to my knowledge You are not entitle to get dividends
XD date means
End of tradings in this day ( normally 2.30 pm ) dividend paying company close their share transfer book. So if you want to get dividends from this company your name should be in their share holders list. if u sold your shares in xd date, your name is going out from their share holders list. you can sell your shares next day without any problem.
Last edited by Monster on Wed Jun 13, 2012 12:47 pm; edited 1 time in total
Monster wrote:You are entitle for the dividend, if you purchase before the XD date. XD date belongs to the seller. So, the buyer who buys on XD date is not entitle for the dividend.Malika1990 wrote:ddrperera wrote:we assumed that a company DIVIDEND ANNOUNCEMENT
AGM: - 4.June.2012
XD: -20 june.2012
i buy june 19 and sold june 20.can i enter to get dividends?plz tell
According to my knowledge You are not entitle to get dividends
XD date means
End of tradings in this day ( normally 2.30 pm ) dividend paying company close their share transfer book. So if you want to get dividends from this company your name should be in their share holders list. if u sold your shares in xd date, your name is going out from their share holders list. you can sell your shares next day without any problem.
Antonym wrote:@ddrperera: You are entitled to get dividends because when you sold the shares, they were XD (exluding dividend).
DXB2252 is right; Malika1990 is wrong.
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