Hi guys I have a question. On the 23rd of Aug I bought at the price of 10.46 and after the dividend adjustment historically it's showing that the cost was around 10.16.
However when I check my account it's still taking the old cost but since the current price is adjusted lower my profits are lower now. Did I just get scammed or was I too stupid to not know that I had to sell before the price gets adjusted? 😐
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102545280
:
The ex-dividend date is when the price is adjusted. If you sell before the price adjustment, you won't receive the dividend! The dividend is 29 sen, and the stock price is adjusted by 29 sen, so there is actually no loss.
SiaCW : dividen will only payout 26sep. patient
102545280 : The ex-dividend date is when the price is adjusted.
If you sell before the price adjustment, you won't receive the dividend!
The dividend is 29 sen, and the stock price is adjusted by 29 sen, so there is actually no loss.
solarbeats OP 102545280 : Ah ok thanks for the explanation