Confusion over record date and ex div I guess
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Confusion over record date and ex div I guess
This 11Ants Analytics company is pretty clued up - good that AIR involved
ex-div on the 9th
With the last change to settlements now being 2 days, would those hoping to preempt the market and sell on the 10th still be on record for the div, or would they have to wait till the 14th.
Where do we see SP dropping to tomorrow?
I am holding long term for the dividend income so within reason don't care but its worth pointing out that for normal sized dividends most NZX stocks recover the dividend paid within a few weeks most of the time.
That said I think most of the 10 cents has already been priced in so a semi permanent drop to circa $2.30 wouldn't surprise me.
Big-wigs active again today.