FMG 0.35% $25.66 fortescue ltd

sighsigh _ because the DPR is set a couple of weeks before the...

  1. 558 Posts.
    lightbulb Created with Sketch. 78
    sighsigh _ because the DPR is set a couple
    of weeks before the div pay date and your div amount is fixed on your number of shares.
    On a rising SP you divi will buy more shares at a price a couple of weeks ago. (At the moment if the SP tanks below the DPR SP 8.77 you will buy more shares with your divi with cash in the bank on 2.10.19)
    tpg is right saying you can preempt and buy shares early that is covered by the divi when available.
    I do trade but have not the experience to be comfortable with as tgp and others are on this forum .


 
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