RE: Why is it going down?23 Aug 2023 16:53
Ex divi date is 24th Aug. Record date is 25th Aug. To Me, that means You have to hold the share until close of play on the 24th, otherwise if You sell Tomorrow, then You wont get the dividend. Will still go down Tomorrow though as punters will sell out thinking that they can buy back in again and still get the dividend. Thats how I perceive it in that You need to hold on to be legible for the dividend and sell on the 25th to still receive it. Please correct if I am wrong.