RE: ham18naz and Mtruckle2 Jun 2016 13:49
So it begs the question, why buy any share just before it goes ex-divi in order to gain the divi payment because you lose it all on ex divi day when the share is marked down by the divi amount?
I would think a much better time to buy a share is the day before the divi payment is made because a lot of the divi's will be re-invested to buy more shares thus creating demand for the shares which drives the share price higher.
Or am I missing something?