Читать книгу The Dividend Investor - Rodney Hobson - Страница 34

The second date shows when the companies go ex-dividend (often abbreviated to ex-div). Buy before this date and you are entitled to the dividend that has been announced. Buy on or after this date and you are not entitled to the dividend.

The ex-dividend date is always a Wednesday. While in theory it could be any day of the week, there is some advantage to investors in knowing that the cut-off point is always the moment that trading closes on Tuesday evening. After that it is too late to buy for the latest payout.

While several newspapers publish each Monday a list of companies due to announce results in the coming week, a comprehensive list of those going ex-div is not so readily available. You will probably find that the Reuters website is the most convenient way to check. Access to this page is free.

http://uk.reuters.com/business/markets/dividends

On the day that shares go ex-dividend the share price will usually fall by roughly the same amount as the dividend to reflect the fact that new share buyers will not receive the dividend.

Table 2.4 shows three companies from different sectors that all went ex-dividend on 17 August 2011.