"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
30.5¢ |
Change
-0.005(1.61%) |
Mkt cap ! $17.33M |
Open | High | Low | Value | Volume |
30.0¢ | 31.0¢ | 30.0¢ | $4.349K | 14.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31500 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 17615 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31500 | 0.300 |
2 | 23389 | 0.295 |
1 | 3448 | 0.290 |
1 | 5000 | 0.285 |
1 | 30000 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 17615 | 1 |
0.325 | 23302 | 2 |
0.330 | 2500 | 1 |
0.365 | 3960 | 1 |
0.380 | 20696 | 1 |
Last trade - 14.07pm 05/07/2024 (20 minute delay) ? |
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