Here , Here could not agree with you more but I must admit he makes my blood boil only coming on when we are red and gloating , I just wonder how many jumped ship at a loss after reading his deluded ramblings ? But as you point out rising to his bait only gives him the oxygen he desires so from now on I will ignore . And take your advice. When I was invested in Barclays the board had the same and the guy kept on getting barred but kept on returning under anothe name they must leade exedingly boring life's . Best of luck to all investors. Keep re investing the dividends and respect the rewards down the line . Keep Smilling
Looks like all his posts were removed for some reason. Will wait for an update on a down day!
AlanG & everyone , no need to stoop to his or anyoned level once you see an insulting or provocative post, just report it.
I recommend this to all users to keep our board clean and tidy and about BP. I never experienced anything of the sort because i do not normally post but its such a shame here for me. BP wont be proud of us :(
There is conflicting advice in the two replies below, and midmod is correct. Today ( 5th May ) is BP ex-dividend day. The clue is in the title..... ( Ex-Dividend Date ).
BP's own investor website dividend faq section states:
" What do the terms 'ex-dividend' and 'record date' mean? Before announcing each dividend and in consultation with the London Stock Exchange, we set a date on which our shares will be sold without entitlement to the dividend. This is known as going 'ex-dividend'. Before that date they are said to be 'cum dividend'. If you buy shares before the ex-dividend date you are entitled to receive the dividend recently announced. If you buy on or after that date, in the ex-dividend period, that dividend is payable to the previous owner. The dividend is paid to shareholders based on the number of shares held on the share register at the deadline ('record date'). The record date is currently two days after the ex-dividend date for ADS holders and one day after the ex-dividend date for ordinary shareholders "
The above information, and much more, is available on BP's website.
Investors need to buy the dividend-paying stock at least three days before the record date, since trades take three days to settle. Since the ex-dividend date is usually set two business days prior to the record date, investors need to own the stock one day before the ex-dividend date to receive the dividend.
So yes if you buy before the market closes today or opens tomorrow you will get the dividend Jordan
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