entitlement to dividends - query

  1. 2 Posts.

    Hi
    I have a general query about entitlement to dividends. Are you entitled to a dividend if you purchased the shares before the ex dividend date (and held them on the ex-dividend date) but subsequently sold them in the 3 day period after the ex-dividend date but before the record date? I would be grateful for any advice. Thanks.

    Per ASX:
    Ex dividend date: To be entitled to a dividend a shareholder must have purchased shares before the ex dividend date.
    Record date: The date used in determining who is entitled to a dividend or other entitlement associated with a security. Those on the register on the record date are eligible for the entitlement. To allow for settlement of trades, ex dividend dates and other ex entitlement dates are usually set four business days prior to the record date.

 
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