RE: COPPERS5 Feb 2020 09:07
Fira, you have to own the shares in TUI at or before 4.30pm on the 11th February or obviously before this time, you can then sell the share at 8.00am on the 12th you will then qualify for the dividend.
As the wording says XD which is short for excluding dividend.
For example I could buy TUI at 4.29 pm on 11th feb sell at 8.00 am on 12th and I would qualify for the divi payment.
Some idiots on these boards tell people they have to hold all through the XD day to qualify we’ll they shouldn’t be fekin trading as they obviously don’t understand the basics of the system.
I hope the above is clear.
By the way you must be in profit in SMDS now haha nice one.
I was very lucky to get in right on the turn.