sharetrader
  1. 23-09-2020, 10:13 AM #13751
    nevchev
    nevchev is offline
    Member
    Join Date
    Mar 2020
    Location
    great barrier island
    Posts
    410

    Default

    Just curious. How does a company pay divies to the sharesies crowd with many of them holding 100 shares or less?
    Reply With Quote Reply With Quote
  2. 23-09-2020, 10:21 AM #13752
    ecuttel
    ecuttel is offline
    Junior Member
    Join Date
    Jul 2020
    Location
    NZL
    Posts
    16

    Default

    all company shares are held in trust by sharsies. Company pays Sharsies trust the divie then they apportion it out to individual sharsies account holders based on their holding
    Reply With Quote Reply With Quote
  3. 23-09-2020, 10:24 AM #13753
    bung5
    bung5 is offline
    Senior Member
    Join Date
    Jun 2009
    Location
    Vancouver
    Posts
    699

    Default

    Quote Originally Posted by nevchev View Post
    Just curious. How does a company pay divies to the sharesies crowd with many of them holding 100 shares or less?
    Sharsies is just one shareholder. Very easy
    Reply With Quote Reply With Quote
  4. 23-09-2020, 10:35 AM #13754
    nevchev
    nevchev is offline
    Member
    Join Date
    Mar 2020
    Location
    great barrier island
    Posts
    410

    Default

    Quote Originally Posted by bung5 View Post
    Sharsies is just one shareholder. Very easy
    Ah ok.thanks
    Reply With Quote Reply With Quote
  5. 24-09-2020, 09:34 AM #13755
    nevchev
    nevchev is offline
    Member
    Join Date
    Mar 2020
    Location
    great barrier island
    Posts
    410

    Default

    Quote Originally Posted by Cyclical View Post
    Markets are generally taking a well deserved breather at the moment. Dow was down 500 points last night. Nothing to see here.
    "Nothing to see here" you said a mouthfull there.Offer is buy 10k @1.21 and not much after that.When will i learn?
    Reply With Quote Reply With Quote
  6. 24-09-2020, 10:24 AM #13756
    Beagle
    Beagle is offline
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by nevchev View Post
    "Nothing to see here" you said a mouthfull there.Offer is buy 10k @1.21 and not much after that.When will i learn?
    They're ex divvy today and trading at $1.24 = $1.265 cum divvy. Depth takes a while to build when a stock goes ex divvy. Have a coffee and relax ?
    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
    Reply With Quote Reply With Quote
  7. 24-09-2020, 01:22 PM #13757
    sb9
    sb9 is offline
    Investor
    Join Date
    Jul 2014
    Posts
    5,647

    Default

    Holding reasonably well so far after going ex-div...
    Reply With Quote Reply With Quote
  8. 24-09-2020, 01:40 PM #13758
    nevchev
    nevchev is offline
    Member
    Join Date
    Mar 2020
    Location
    great barrier island
    Posts
    410

    Default

    Quote Originally Posted by sb9 View Post
    Holding reasonably well so far after going ex-div...
    Hasnt happened yet
    Reply With Quote Reply With Quote
  9. 24-09-2020, 01:44 PM #13759
    sb9
    sb9 is offline
    Investor
    Join Date
    Jul 2014
    Posts
    5,647

    Default

    Quote Originally Posted by nevchev View Post
    Hasnt happened yet
    Not sure what you're inferring there, y'day close was 1.25 and it shed 2.5c divvy today and still trading around 1.25 or so.
    Reply With Quote Reply With Quote
  10. 24-09-2020, 01:49 PM #13760
    nevchev
    nevchev is offline
    Member
    Join Date
    Mar 2020
    Location
    great barrier island
    Posts
    410

    Default

    Quote Originally Posted by sb9 View Post
    Not sure what you're inferring there, y'day close was 1.25 and it shed 2.5c divvy today and still trading around 1.25 or so.
    Sorry,my mistake
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules