NZO 5.48% 38.5¢ new zealand oil & gas limited

Hi Odysseus, record date is 4 April, so I think Miningnut is...

  1. 159 Posts.
    Hi Odysseus, record date is 4 April, so I think Miningnut is correct re. the shares now being ex-dividend.

    http://www.asx.com.au/research/dividends/process.htm:
    "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."

    today is ex-dividend date so looks to me like shares must have been purchased by close Friday 28th March to get the dividend. Accoutns for the approx 4-5 cent drop on ASX so far today. regards, Cugel

 
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