"I thought FLT cancelled the dividend after it went Ex, but looking it up I can see they got in 3 days before the Ex date.
CWN had a pause in trading later in the day (at about 12:30pm) on the day CWN went Ex and then the dividend was delayed but eventually paid. So I wonder what will happen to those who sold KME ex div? Is it just tough luck?"
I always thought that once a dividend was declared and provided for as a liability in the accounts, the company had a legal obligation to pay it.
It surely can't possibly be just a case of "Oh, well... tough luck."
Because, for example, as you say, what happens to someone who sold their shares on the day it went ex-dividend? That person is owed money by the company, and a simple stroke of the pen by the KME directors can't make that go away.
As I said, I've never encountered this situation before.
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Last
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $25.01M |
Open | High | Low | Value | Volume |
42.8¢ | 44.0¢ | 42.8¢ | $1.836K | 4.243K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 407 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.425 |
1 | 20000 | 0.420 |
3 | 6310 | 0.410 |
2 | 22450 | 0.405 |
2 | 90646 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 407 | 1 |
0.445 | 7028 | 1 |
0.460 | 20869 | 2 |
0.475 | 17450 | 1 |
0.500 | 12960 | 1 |
Last trade - 11.14am 08/11/2024 (20 minute delay) ? |
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