It would be pointless to buy the stock the day or two before as the SP would have reached it's maximum level before going ex-dividend.
So any profit you make from the dividend payout is likely to be lost in the inevitable drop in the SP post ex-dividend date (assuming you want out straight away).
If you are a long term holder then the SP with all things being equal would recover in time to it's original pre ex dividend amount), and the cycle continues.
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Last
$1.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.201B | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.96 | $1.92 | $2.211M | 1.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15022 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |