RE: If I sell on ex divi day6 Jun 2017 18:55
I think the opening price on thursday (ex divi day) will strip out the divi, so if you sell on ex divi day, you will get a lower price but still get the divi, but if you buy then you don't get it. The term ex divi refers to buyers, so if want the divi you have to buy before ex divi date. I have always found the record date confusing, because its a day later,but I suppose its to do the delay to get you on or off the share register??