gnspa, page-61

  1. 287 Posts.
    Good news GNSPA distributes. No Franking credits but this dist 0.7834 per FOREST above last one.

    Bullswood. Dividend rules as follows but XDiv with GNSPA might be 5 or 6 days ahead of Record Date.
    How are dividends released?

    Dividend data is usually available the day after the company has announced the dividend, simply type in the company code to view the last four dividend payments. Only cash dividends are displayed.


    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.
 
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