Pgw ex div tomorrow. So if I Buy PGW today I get div. And if I sell PGW tomorrow I still get div.? Correct me if I'm wrong.
You will no longer get the divs on the shares that you buy today as it takes 2 days for settlement. But you get the divs on whatever you’re holding (i.e., registered under your name as of today) that you sell tomorrow.
Yes, and NZX shows them as ex dividend tomorrow (that's 9 March for those who know how to use a calendar).
The T+2 just shortens the interval between them becoming XD and the record date, 10 March.
See weed strikes me as a very canny investor...I'd bet my left one he knew the answer before his post on the subject and was just trying to help the young ones understand the opportunity
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Thanks, just to confirm, I purchased a portion yesterday, so I think I just sneaked through to get the divy (T2 Settlement)? not that I intend to sell anytime soon!
Sorry Guys, my fault . I was thinking more about the "record date". Up to "record date" is when you still get divs.
TY too Couta.
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