eratic price movement., page-18

IronKing that's not correct.

To be eligible for a dividend you must hold the stock into its XD period, so in the case of TLS you had to have been a holder as of 5pm Friday 17th August. What the registration date refers to is the closing day that registration details must be made accurate. Your details must be on the registry on that day, however registration must occur within four days of the last CD period, it takes three days for your details to come off the registry. So for example if you sell today, your details will remain on the registry until after the registration date.

The way it is setup is that registration closes inbetween settlement of those that purchased CD and those that sold XD.

What you do need to do though is hold the div for 45 days to be eligible for franking credits.

Cheers