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Online Share Trading

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Dividends - How does it work?

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Not applicable
If sell my shares after the LDT Date but before the PAY Date, will I still receive a dividend payout? Thanks
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8 REPLIES 8
stores
Super Contributor
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superstar
Regular Contributor
LDT means you must be a shareholder at that specific date to receive divs therefore yes
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Rovert
Super Contributor
on the date or at close on LDT?
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saash
Super Contributor
You need to be a shareholder on the close to participate in the dividend. The next day the share trades excluding divs.
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saash
Super Contributor
You need to be a shareholder on the close to participate in the dividend. The next day the share trades excluding divs.
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louisg
Super Contributor
At close of LDT. The day AFTER (next trading day) one can sell and you will receive the dividend.
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Not applicable
thank you to all that replied
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Not applicable
thank you to all that replied
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