It would be pointless to buy the stock the day or two before as the SP would have reached it's maximum level before going ex-dividend.
So any profit you make from the dividend payout is likely to be lost in the inevitable drop in the SP post ex-dividend date (assuming you want out straight away).
If you are a long term holder then the SP with all things being equal would recover in time to it's original pre ex dividend amount), and the cycle continues.
It would be pointless to buy the stock the day or two before as...
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.89 | $2.632M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15504 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 63558 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |