RE: TWSP5 Jun 2018 22:00
Hi owls, I think I can help you with Tom's logic. I think his experience may be similar to my own, and that is that on the day the shares go ex Divi the price drops by the amount of the dividend....but it is invariably the case, that by the time the dividend is actually paid, (in the present case some six weeks later), the SP will have recovered to its pre ex Divi level or thereabouts.
I suspect that is the logic, or at least based on my own experience, I suspect it is.
It will be interesting to see the SP level on dividend pay day.
All the best
DL