Here, try this;How are dividends released on www.asx.com.au?Many...

Here, try this;

How are dividends released on www.asx.com.au?
Many ASX listed companies pay dividends twice each year, usually as an 'interim' dividend and a 'final' dividend. Companies are not limited to paying twice a year and may pay more or less frequently. A company may also pay a 'special' dividend, related to a particular event.

Dividend data is usually available on www.asx.com.au the day after the company has announced the dividend. It may take longer for the data to be available however it will generally be available before the 'ex dividend' date. Only cash dividends are displayed.

Each dividend has a Record Date, ex dividend date and date payable. The Record Date is the date on which the company closes its register to determine which shareholders are registered to receive the dividend.

Shares are quoted 'ex dividend' on the fourth business day before the company's Record Date. To be entitled to a dividend a shareholder must have purchased shares before the ex dividend date. The share price may fall on the ex dividend date, with the fall in price being related to the amount of dividend being paid. Buyers on or after the ex dividend date will not receive the dividend because they will not be registered by the Record Date.

The dividend is paid on the date payable to those shareholders who purchased and held the shares up and until the ex-date and are therefore subsequently registered as a shareholder on the Record date.