$SIA (C6L.SG)$ ex today mean I buy today stil can get divide...
$SIA (C6L.SG)$ ex today mean I buy today stil can get dividend or not?
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neat Manatee : no
16409 : No
身骑白马 : The ex-date (Ex-Dividend Date) is an important date used to determine which investors are eligible to receive a company's dividends or other entitlements. Specifically:
1. Meaning of the Ex-Date:
The ex-date is a critical point in time for dividend or entitlement distribution. If you buy the stock on or after the ex-date, you will not be entitled to receive the announced dividend or entitlement. These rights are reserved for those who hold the stock before the record date.
2. Timeline:
Declaration Date: The date when the company announces the dividend or other entitlements.
Record Date: The date when the company determines the list of shareholders eligible to receive the dividend or entitlement.
Ex-Date: Typically the trading day before the record date. Investors who purchase the stock on the ex-date or later are not entitled to the dividend or entitlement.
3. Example:
The company announces the record date as December 1.
The ex-date will be November 29 (the prior trading day).
If you hold the stock on or before November 28, you are eligible for the dividend.
However, if you purchase the stock on November 29 or later, you will not be entitled to this distribution.
4. Price Adjustment:
On the ex-date, the stock price is typically adjusted to reflect the dividend or entitlement amount. For instance, if the dividend is $1 per share, the stock price might drop by $1 on the ex-date, as the company’s assets are reduced by the distributed amount.
Let me know if you need further explanation or specific examples!