$SIA (C6L.SG)$  SIA EX DIV date in on 1Aug24 and Record date...

syneryii : No

103509899 : Yes, if you buy SIA (Singapore Airlines) stocks on 30 July 2024 and hold them through the ex-dividend date of 1 August 2024, you will qualify for the dividend.
Here's a breakdown of the key dates and their significance:
Ex-Dividend Date (1 August 2024):To receive the upcoming dividend, you need to own the stock before the ex-dividend date. If you purchase the stock on or after this date, you will not be eligible for the dividend. Since you plan to buy the stock on 30 July 2024, you will be a shareholder of record before the ex-dividend date.
Record Date (2 August 2024):This is the date on which the company looks at its records to determine who the shareholders are. You need to be listed as a shareholder on the company’s books on this date to receive the dividend. Because you purchased the stock before the ex-dividend date, you will be on the record on 2 August 2024.
To summarize, by purchasing SIA stocks on 30 July 2024 and holding them at least through 1 August 2024, you will indeed qualify for the dividend.

Pavj OP 103509899 : thanks for the explanation, holding stock for less than a week yielding +5% dividend is a great deal.

Lucksen Pavj OP : Just be mindful that most sg stocks will fall to around dividend percentage on ex-date. So you can foresee SIA probably will fall 5% on this date.

Pavj OP : yes understand the risk, tks for sharing.

103509899 : See CHATGPT reply to above SIA share price will drop after ex dividend date ===>Given the context of Singapore Airlines (SIA) stock (C6L), let's clarify the potential price movement around the ex-dividend date.

### Key Points:

1. **Current Price and Dividend**:
  - SIA's current price is SGD 6.78.
  - The displayed dividend yield is 6.73%.

2. **Dividend Calculation**:
  - A 6.73% yield on a SGD 6.78 stock implies an annual dividend of approximately SGD 0.456 (6.78 * 6.73% = 0.456).

3. **Price Drop on Ex-Dividend Date**:
  - On the ex-dividend date, the stock price is expected to drop by the dividend amount per share. For instance, if the upcoming dividend payment is part of the 0.456 annual dividend, let's say it's 0.38 as you mentioned.
  - The theoretical price drop on the ex-dividend date would be close to the dividend amount. So, if SIA declares a dividend of SGD 0.38, the stock could drop by about that amount on the ex-dividend date.

### Specifics to Your Question:

- **Current Price: SGD 6.78**
- **Dividend: 6.73% yield, which is 0.456 annually, with a specific upcoming dividend of 0.38.**

If the specific upcoming dividend is indeed SGD 0.38, then on the ex-dividend date, the stock is expected to drop by approximately SGD 0.38.

**Calculation**:
- Current Price: 6.78
- Expected Dividend: 0.38
- Expected Price Drop: 0.38

**Expected Post-Dividend Price**:
- 6.78 - 0.38 = 6.40

Thus, if the upcoming dividend is 0.38, you can expect the stock to drop by around 0.38 on the ex-dividend date, resulting in a price around 6.40, assuming no other market factors impact the price.

### Conclusion:
Yes, the stock is likely to drop by the dividend amount on the ex-dividend date. If the dividend is SGD 0.38, you can expect the share price to decrease by approximately that amount, resulting in an expected price of around 6.40, not necessarily matching a 5% drop but specifically reflecting the dividend amount.