HSBC Holdings Share Price (HSBA)

"Div 8p payable 21 Jun 2024.

SP down 27p.

I would be better off by 19p if sold it yesterday."

31cent ~= 25p

Outside an S&S ISA, you could pay capital gains instead of dividend tax.

Depends on how much tax free allowance you have unused.

Regardless of ISA, there is the 0.5% stamp duty when you buy shares.

Since HSBA pays dividend four times a year, you will lose 2% = 0.5% x 4

if you keep switching in and out over a year.

There are dealing charges as well.

Think we are seeing signs of recovery

JRE

Hopefully the contract note time was when your sell order was placed - i.e. when the market opened - not the time when the trade was actually executed. I think you'll be ok :)

Hi

Thanks for the feedback

So I looked into this a little further

Contact note states “08:00”

AJbell FAQ on limits / stop losses states..” Prices are also particularly volatile between 8.00am and 8.02am during the London Stock Exchange uncrossing auction and we do not execute limit or stop loss orders during this time.”….so something not right there

FAQ also states….” For UK shares, you can set up limit or stop-loss orders outside market hours, but they won’t be processed until the market opens again.”

So appears I should be OK. If I am not, and do not receive the dividend, I will ask Ajbell what’s gone wrong

Duka

Hopefully a good call - I topped up, as I liked the data coming out of China.

Cheers