Hi all, I am still here, in my progress of learning all the term here.

Something really confused me is the dividend payout process. There happened to be announcement date, Ex-date and payment date.

Let's take Gopeng as example:

Gopeng Bhd
Exdate: 27/01/2011
Amount: 35.0 sen
Par value: RM 0.50
Payment date: 16/02/2011
25 sen Tax Exempt and 10 sen Less 25% Income Tax

1. So, if i buy gopeng on 26/01/11, and sell it on 28/01/11, will I get the dividend?

2. And what does the '35cents' mean? I bought 1 lot at RM1.40, and I can get 25cents*1000(after tax)? How could this be?

I know this might sound noobie for some of you at my question... Thanks in advance

Best regards,
Hare

Thanks, means I can start to sell on 27th? or have to wait until the mgmt pull out the stockholder entitlement record after few days?

And I was just thinking, since they announced it publicly, the share will goes up high right away, and drop right away as well on/after the x date. Since it is so predictable, there should be a lot of ppl going to put money into it now, am I correct?

And how high will the price shoot and how much will it drop, can we know this?

Thanks,
Hare