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  1. #3851
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    Quote Originally Posted by see weed View Post
    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.

  2. #3852
    percy
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    ANZ Securities are showing them CD.

  3. #3853
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    Quote Originally Posted by percy View Post
    ANZ Securities are showing them CD.
    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.

  4. #3854
    Speedy Az winner69's Avatar
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    Quote Originally Posted by see weed View Post
    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.
    Well see weed - bet you now totally and utterly confused after reading the responses in the last hour

    Made your mind up yet
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #3855
    ShareTrader Legend Beagle's Avatar
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    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

  6. #3856
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    Quote Originally Posted by fiasco View Post
    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.

  7. #3857
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    Quote Originally Posted by percy View Post
    ANZ Securities are showing them CD.
    What does cum dividend mean Percy? I had never noticed that in ANZ's depth before.
    Cheers.

  8. #3858
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    Cum Div = With Div
    Ex Div = Without

    If you care to search Cum you will find other meanings for the word.

  9. #3859
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    Quote Originally Posted by kura View Post
    Cum Div = With Div
    Ex Div = Without

    If you care to search Cum you will find other meanings for the word.
    Thanks kura, so tomorrow will it be ex div?

  10. #3860
    IMO
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    kerryo always go to the source for this info ,NZX.

    DIVIDENDS


    Upcoming Dividends

    Ex Dividend Period Amount Supp. Imputation Payable Currency
    09/03/2016 Interim 1.750c 0.309c 0.681c 05/04/2016 NZD

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