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Question of the Day: Will you be subscribing to the new Disney+ R49 streaming package?
Easy Equities good or bad?
- Thread starter lagoaty
- Start date
Sideshow Bob
Honorary Master
So, people selling once the D-day has come and gone? How does it work? Do companies pay dividends based on who was holding shares till yesterday?
AirWolf
Honorary Master
Yes - whoever was holding as at close yesterday goes into the dividend register.
Sideshow Bob
Honorary Master
Thanks. Then I understand frenzy to sell. I will hold though. Let us see.
cr@zydude
Honorary Master
Yes. The order normally goes:
End of quarter.
Results released.
Dividend dates set (day share needs to be held and payment date).
Day that shares need to be held for dividend.
First day of trading 'ex-dividend'.
Dividend paid out.
Sideshow Bob
Honorary Master
3% ? It was 1.97 yesterday and now 1.24.
p.s. I suppose you took in dividend in calcs.
Speedster
Honorary Master
Not necessarily frenzy to sell, the share has just gone ex-dividend and price drops accordingly
Sideshow Bob
Honorary Master
well, I meant that there is no point in holding now (if dividend was the reason) so I understand why people are selling in droves. Especially if people bought it at less than current low price so as to maximize the benefit. I think few people just dropped a bucket at open. 15 million value already.
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AirWolf
Honorary Master
Auto-invest should spike the price again soon.
AirWolf
Honorary Master
What do people think of this IPO:
mr_norris
Expert Member
Looked at the websites for each company, and I can't say I find any of the tech exciting. It doesn't really inspire me to invest, not that I have a choice - my money is committed to other things for the next 2 months.What do people think of this IPO:
This may be a last of its kind opportunity for a while though - government canned S12J investments, so this is the last of its kind. For now.
AirWolf
Honorary Master
Ah good to know.
It doesn't mean people are selling. Share is worth less so there's less incentive to buy. Buyers drop their prices then sellers drop their prices. Shares can go up and down in value without anyone buying or selling.
Sideshow Bob
Honorary Master
Trade volume doesn't indicate whether it's buying or selling. You'd have to compare the trade volume to yesterday's to know if more trading was taking place. Some would only hold the share for the dividend but afterward if the price has already dropped there's no use in selling either.
Sideshow Bob
Honorary Master
Sideshow Bob
Honorary Master
cool. I am going to hold it for couple of months.
Speedster
Honorary Master
You do realise this literally happens with every share every time they declare a dividend?
Sideshow Bob
Honorary Master
No, I hardly deal in shares so I didn't know this. I am slowly catching up.
It's worth a tipple. Ozow is used by Luno and with the forever growing internet penetration in this country one has to like an internet based business.What do people think of this IPO: