RE: Not far off minimum tender price £9.35 for 27th March29 Feb 2024 11:08
As my last post I'm not completely upto date with dividend jargon that has been released in DEC.
But I am not surprised at all this is only 4% down and not the 7% that would be expected on ex divi day
A] This is oversold already
B] the USA SP was already about 6% up on LSE
C] when there is a unique offering to the usual dividend it doesn't effect it the same in my experience.
Hammerson paid a script divi [ I know this is different here] of 6% and the SP didn't drop at all on the day of ex divi and i think finished level on the day and so the SP was battered at the time [ like here ] and it did 20% uplift in the next 10 days
GLA