$Alibaba (BABA.US)$ is the new premarket shows price after d...
$Alibaba (BABA.US)$ is the new premarket shows price after dividend reduction? it show premarket .25% up but price is a lot lower than yesterday. I am confused
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MrM : Yes deducted already. 78.04 - 1.66 (total dividend amount) = 76.38, premarket is up 0.17 (0.22%) so current price is 76.55 loh as of my posting time. It means if it goes back up to 78.04 today, it means you got the dividends for free loh
The Snowball MrM : Do I have to pay tax on the stocks I bought yesterday?