I have a question about ex dividends (xd) and I get different answer when I google which I thought should be quite universal. Can someone explain in the local context.
Assuming I have 1,000 shares with dividends payout at 0.10 cts per shares. That means the dividends will be $100. The questions are:
1) Do I have to hold on to the 1,000 shares to enjoy the dividends until xd is announed?
2) What is the position of the seller and buyer if I were to sell all 1,00 shares when xd is announced.
3)Normally how many days is the xd
Thank you.
Assuming I have 1,000 shares with dividends payout at 0.10 cts per shares. That means the dividends will be $100. The questions are:
1) Do I have to hold on to the 1,000 shares to enjoy the dividends until xd is announed?
2) What is the position of the seller and buyer if I were to sell all 1,00 shares when xd is announced.
3)Normally how many days is the xd
Thank you.
Last edited: