RE: Robleo13 Nov 2025 21:54
Marvin, not quite right, exdiv is the date that determines who's eligible for the dividend payment, let's say the dividend is 5p then the share price will drop by 5p on that day, so the company has already does the calculations on what they have to pay out, if that makes any sense, the share price will generally rise on payment day as investors will reinvest their dividends, but of course it will also depend on market conditions on that day