Dividend goes ex-divvy next Friday. Couple of questions around this:
- I assume this means holders at close of trading Friday will be entitled to the dividend?
- What usually happens in ex-Dividend trading. Should we expect an almost immediate drop by ~9c on Monday or is it not quite that straight forward?
Given the markets I'm in 100% trade mode so I'm working to ensure I have my timing right and (barring the usual events) don't get any unexpected surprises.