FMG 0.06% $16.12 fortescue ltd

$6.62 & Divi, page-6

  1. 338 Posts.
    lightbulb Created with Sketch. 1
    Yes tomorrow is record date.

    So T+2 means if you bought them on Wednesday (the trade date) then the Value Date (Settlement date) of the trade would be Friday so those that are recorded in the share registry as of record date get the dividend. Trades on Wednesday are thus Cum Dividend.

    Hence if you contracted to buy them today they would not settle (be registered in the companies books) until Monday which is after the record date. So trades today are Ex Dividend (unless you specifically trade them Cum Div FMGCD)

    Pretty sure thats the way it goes.
 
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