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Impunity
#11 Posted : Wednesday, March 02, 2011 2:29:22 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
The Merchant wrote:
You must hold the shares before books closure date to qualify for a dividend. Any time before that or immediately after you are just angling for capital gains.


Now id I offload my shares on 16-March, and the dividend cheque is sent like 10-Apr,Will I still get my cheque?Or someone will say that I sold my shares so soon after book closure?d'oh! d'oh!

And how can u tell that the share price will not go down?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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The Merchant
#12 Posted : Wednesday, March 02, 2011 4:03:32 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Impunity wrote:
The Merchant wrote:
You must hold the shares before books closure date to qualify for a dividend. Any time before that or immediately after you are just angling for capital gains.


Now id I offload my shares on 16-March, and the dividend cheque is sent like 10-Apr,Will I still get my cheque?Or someone will say that I sold my shares so soon after book closure?d'oh! d'oh!

And how can u tell that the share price will not go down?

If you are on the register before that date you will be okay, even if you sell right after. About the share price going down this all depends on the company we are talking about and its growth prospects in the investors' eyes. smile
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