EX -DIVI

in Savings & investments
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joebobjoebob Forumite
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I have some shares that i want to sell. The final ex dividend date is 30th march and dividend payment date is 12th may. Am i correct in thinking if i sell them on 1st April i will still get the dividend payment ?

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  • frugalmacdugalfrugalmacdugal Forumite
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    Hi,
    yes, though share price usually drops an equivalent amount.
    Y'all take care now.
  • wmb194wmb194 Forumite
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    joebob said:
    I have some shares that i want to sell. The final ex dividend date is 30th march and dividend payment date is 12th may. Am i correct in thinking if i sell them on 1st April i will still get the dividend payment ?
    Close, you can sell them on the ex-dividend date i.e. the 30th and be eligible to receive the dividend.

    Bear in mind though that on the ex-dividend date it's likely the share price will fall by a similar amount to the dividend being paid.
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