Err, I'm not sure that's entirely accurate
You need to be on the register as at the Record Date - see here:
http://www.investopedia.com/articles/02/110802.asp
Date of Record: This is the date on which the company looks at its records to see who the shareholders of the company are. An investor must be listed as a holder of record to ensure the right of a dividend payout.
The Ex-Date is the date at which you can buy on market and get onto the register in time for the record date (Trade Date - 2). Definition below
Ex-date or Ex-dividend date - On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.
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With that knowledge, so long as you're on the register on or before the Record Date, you will get the dividend.
Reviewing the facts:
Record date - Tuesday, September 1, 2015
SPP Allotment Date - Monday, August 31, 2015
From my point of view, I believe those who participated in the SPP will get the dividend.
Happy to be shown where I've gone wrong in the above.
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$7.94 |
Change
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Open | High | Low | Value | Volume |
$7.90 | $7.94 | $7.87 | $203.5K | 25.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 191 | $7.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.94 | 406 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 859 | 7.910 |
5 | 1298 | 7.900 |
5 | 1299 | 7.890 |
5 | 2420 | 7.880 |
4 | 1059 | 7.870 |
Price($) | Vol. | No. |
---|---|---|
7.930 | 14 | 3 |
7.940 | 401 | 2 |
7.950 | 5950 | 7 |
7.960 | 1159 | 3 |
7.970 | 1156 | 3 |
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