mms agm, page-17

Going by the below information you need to be holding shares prior to the ex dividend date which is 4 days before the record date, so in this case we need to be holding shares latest Thursday 7th November....is everyone in agreement with this? Is this correct?

Record date
The Record Date is 5.00pm on the date a company closes its share register to to determine which shareholders are entitled to receive the current dividend. It is the date where all changes to registration details must be finalised.

Ex dividend date
The ex dividend date occurs four business days before the company's Record Date. To be entitled to a dividend a shareholder must have purchased the shares before the ex dividend date. If you purchase shares on or after that date, the previous owner of the shares (and not you) is entitled to the dividend.

A company's share price may move up as the ex dividend date approaches and then fall after the ex dividend date.

Date payable
The Date Payable is the date on which a company's dividend is paid to shareholders.