Dividend Question - Ex Div Dates
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tintin_1929
Posts: 20 Forumite
Hi All,
I'm sorry if this is a stupid question but I've been reading everything I can to try and understand this!
Right, I understand that in order to qualify for the dividend, you must hold shares prior to the ex-div date. What I don't understand is why you wouldn't just buy a week or so before the ex-div date and qualify for the dividend?
I know I'm missing something hence the question.
I'm sorry if this is a stupid question but I've been reading everything I can to try and understand this!
Right, I understand that in order to qualify for the dividend, you must hold shares prior to the ex-div date. What I don't understand is why you wouldn't just buy a week or so before the ex-div date and qualify for the dividend?
I know I'm missing something hence the question.
0
Comments
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You can but after the ex date the price will drop so you have effectively bought the dividend0
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Bankers goes up a lot, but it can be difficult to discern movements due to share price growth and distributions which can produce a net gain, don't forget Sterling has been dropping recently0
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Bankers goes up a lot, but it can be difficult to discern movements due to share price growth and distributions which can produce a net gain, don't forget Sterling has been dropping recently
I was thinking of buying a small holding in Blackrock Smaller Companies but the share price is very high, in fact nearly at its peak but UK smaller companies in general are doing well at the moment hence the high buy prices.0 -
If, over time, share values increase, and they do, the price will, more often than not, be at a peak.0
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I was thinking of buying a small holding in Blackrock Smaller Companies but the share price is very high, in fact nearly at its peak but UK smaller companies in general are doing well at the moment hence the high buy prices.
I hold Blackrock Smaller Companies and think it is one of the best IT's in its sector. It's done very well for me over the years and although the share price is at its peak if it's a long term holding you should be fine. They also have their ex div date on the 17th so if you do buy some shares, buy before then.0
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