RE: Dividend29 Mar 2022 18:40
Astralpro - it's not money for nothing though, the share price is marked down by the same amount on ex divi day, to reflect the decrease in the value of the company after paying out, so what you get in dividend you lose in share capital. The SP can often recover quite quickly, especially when people reinvest dividends, but other times it can trigger further falls in share price. It seems you're far from alone in never having held dividend paying stocks, judging by some of the comments about the dividend, it isn't free money.