Why the fall & Dividend Dates24 Feb 2015 10:53
I'm into several of the house builders. Yesterday, Bovis gave excellent results including a 159% increase in the divi.
However, the share price behaved in much the same way as PSN this morning. It was thought that Bovis Finals received a lukewarm reception and closed lower because those excellent results were EXPECTED. So the earth didn't move, nor did the sky light up with fireworks. In my view it was just the psychology of our minds, nothing more.
The 95p payout applies to those on the share register by 6pm Thur 19Mar 2015. The payment date is Thur 02Apr 2015. XD date is seldom mentioned at this stage but announced later. The XD date is usually a couple of days before the registration date, but that doesn't quite work as it would mean XD 17march BUT that's a Tuesday.....so best we wait for the announcement. This probably hasn't helped in the least, but there you go !
GOOD LUCK ALL INVESTED HERE