Not for the faint hearted..
The X Date is the 30/3 so you have to hold before this date to receive the huge Divi.
You can sell on the X date you will receive the Divi.
The share price will drop at start of play on the X date 30/3 by the Divi amount 18p.
Some use this as an opportunity to buy as the price will be low if it has not already risen after the Divi declaration.
Beware but you can make money if you are lucky and wise.
Foresight VCT plc
Dividend Declaration
The Board of Foresight VCT plc is pleased to declare an interim dividend of 18.0p per Planned Exit Share, which will be paid on 13 April 2017. The Shares will be quoted ex-dividend on 30 March 2017 and the record date for payment will be 31 March 2017.
For further information please contact:
Gary Fraser, Foresight Group: 020 3667 8159
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/FTV/13169503.html