MYR 1.79% 82.5¢ myer holdings limited

MYR - 7c div fully franked (Ex date 25/03?), page-18

  1. 2,000 Posts.
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    Its pretty simple, record date is 30 March, div to be paid 7 May. The company does not/cannot control the execution time lag (ASX's T+3) so its not up to them to define the ex-div date, even though the ASX defines it and it never changes. The reason the company almost never states the ex div date is if there happens to be a w-e/public holiday during the T+3 period.

    Stock goes"ex-div" on the 31 March in the company's calendar, but the practical ex-div date is T-3 for investors as there is no way you'd get your holding on their share registry after that date. For this reason, people never refer to the company's definition of the ex-div date.
 
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