RE: Ex div16 May 2026 08:57
ICL1960, The x-div price was not 98.45p. The x-div price would have been 99.05p which was the day low on x-div day. Also, the closing SP on x-div day was 99.8p so the SP recovered some of the div drop by close. The fall to 98.45p on Friday and was attributable to a large market fall on Friday. Also, I think you will find she will have more or less the same amount of shares after dividend reinvestment as she would have had if she delayed investing until after the x-div drop.