Ok guys looks like we're all getting a lesson today - though I'm sure some already know:
Record date
The Record Date is 5.00pm on the date a company closes its share register to to determine which shareholders are entitled to receive the current dividend. It is the date where all changes to registration details must be finalised.
Now Santos have said that this Thursday at 7PM is the record date now we know what that means regarding dividends because if you own or buy all the way up to 5pm on the record date - you get the divvie so when Santos are saying this Thursday at 7pm is the Record date - what else could be understood than its the last day to purchase to be able to participate in the entitlement...
Please someone show me something official to back up their claims?? ggtrain?? anyone??
http://www.asx.com.au/prices/dividends.htm
Wolverine your looking at the wrong section - we're talking about the Record date - you've got the page though.
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