RE: Dividends6 Sep 2022 17:49
If you want to ty an unhedged strategy, look at the share charts the last time the we went ex-divi. It did not react predictably and only dropped back to the "correct level" the next day, after a morning drop, rise back and drop late afternoon on the day. Anyone trying this would have made or lost just on the luck of timing
Also, for a reason unknown to me, SA ex-divi dates are different to LSE and may have caused confusion among those not closely flowing both prices and ex-divi dates.
IMO, in the UK we need a fairer system where shares can be held in own name easily and efficiently, to allow us to simply reclaim 10% of the withholding tax and be contactable by companies and easily participate in voting, rights issues etc. Sharesoc have covered this issue in the past.