EX date is 17th , record date is 18th?
Maybe im having a bad day but if you sell today doesnt that mean you miss out (excuse my youthfulness)
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Record date is always the business day before the ex div date. The register (record) is set, then the shares trade ex div.
So Im reading this incorrectly? http://nzx-prod-s7fsd7f98s.s3-websit...661/329278.pdf
I was going off this . https://www.investopedia.com/article...idend%20payout.
Would love some clarity!
the article says what i said
so if you brought before the ex date ( your last chance to buy before ex date was on the 16th)
when they do the records on the 18th that is 2 days you have owned it before record date.
it wouldnt matter if you sold today because they are only looking at who was on the register on the night of the 16th and it takes the registery 2 days to update there files of who brought on the 16th.
eg brought on the 16th t2 means regidstered in my name on the 18th
sell on the 17th t2 means registered in the new owners name on the 19th
if your unsure ring a broker they know best ( i might be wrong? lol it happens) so it really only matters that you held it before ex date
spark been in the doldrums bit since div was paid but seems to be finding some love today , maybe as a high div player it is started to be noticed again after the others have all run hard lately