RE: Dividend?18 Apr 2026 07:38
You don't save 15.67p through buying ex-div. You can wait for the stock to go ex-div then buy for 15.67p less, or you buy those same shares pre-div and get the 15.67p back in dividend. The ignores tax, dealing costs and timing effects and tax is the biggest distortion here. Outside of a tax wrapper, for a higher or additional rate tax payer it would make more sense to wait for the stock to go ex-div.