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$OCBC Bank (O39.SG)$ i remember yesterday high price is abov...
$OCBC Bank (O39.SG)$ i remember yesterday high price is above 12.40, why today check back is below 12.20, price is it exclude dividend for yesterday?
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JeffK : I feel the same. Yesterday was 12.46 closed - 0.28 = 12.18.
micjenn : today XD…means 12.46 minus 0.28 (div) = 12.18
Milamber : It has always been like this recent. UOB has the same issue too earlier this week. Dividend isn’t worth it for single cycle, but if you keep the share and let it earn more dividends few cycles, plus capital gain, then it will worth it. Not for short term gain.
s2nw2g : All the share will open lower by at least the amount of the dividend on Ex Div date. Then depending on demand and supply, the price may vary +/-.
micjenn Milamber : yes…fully agree
huEYc OP : Thanks all to clarify my doubt, thought my eye sight blur see wrongly
PaAg1378 : Cos more speculators/traders than long term. Investors i guess.. Buy buy buy![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")