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Hi, I know if I buy shares "ex-dividend" I will not receive the next dividend payment but would I receive the one after that? Thanks...
Question
Hi, I know if I buy shares "ex-dividend" I will not receive the next dividend payment but would I receive the one after that? Thanks - Posted by nicklt
Answer
ANSWER 24th January 2012
Hi Nickit,
When you become a shareholder you become entitled to a share of the company's profits, as dividends. Of course there has to be a cut off point for new shareholders. If you miss the current dividend by buying Ex-Dividend you will, of course, be entitled to each and every subsequent dividend whilst you remain a shareholder.
If you think about it immediately a share goes Ex.Div it becomes Cum Div!
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