RE: Dividend payments4 Dec 2020 10:47
Any buyers on ex-dividend day or after will not get the dividend.
Any sellers on ex-dividend day or after will get the dividend.
This is the way dividends have always worked.
If you own shares at market open on 10th Dec, even if you sell them at 8:01am, you will get the dividend.
There is no point in buying shares at 4pm on the 9th to get the dividend because the share price will be re-rated down at open on the 10th to reflect the dividend value being removed from the share price meaning at best you lock your money away until the dividend payment date and break even or at worst you lose a ton when the price inevitably tanks as people cash out in a panic because of the re-rate (which will look heart attack inducing because this div is so huge).