23 February is the record date to determine who is entitled to...

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barrons

282 Posts.

18/02/15

13:39

Post #: 14776672
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Originally posted by heymj73 ↑

Sheeez.
There is a difference between the ex-dividend date and the record date. Per appendix 4d, your link above, the record date is the 23rd. The ex-dividend date is 2 business days before, i.e. the 19th.

And people wonder why they lose money on the share market

http://www.investopedia.com/articles/02/110802.asp

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.

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.

Date of payment (payable date) - This is the date the company mails out the dividend to the holder of record. This date is generally a week or more after the date of record so that the company has sufficient time to ensure that it accurately pays all those who are entitled.

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23 February is the record date to determine who is entitled to receive dividend
MCR Price at posting: 71.0¢ Sentiment: None Disclosure: Held
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23 February is the record date to determine who is entitled to...

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