a nooby question but hopefully someone can clarify my noobness.
i have bought weida 2 days before the ex-date for the 4 cents dividend at 0.770. The closing before the ex-date was 0.760, and the next day open was reffered to 0.72cents due to the ex-date.
is that all the dividend annouced will affect the price in that way?
then what's the share holder wil get if they have the dividend but the share price cuts accordingly with the dividend?
somemore the 4 cents is less tax, meaning we will received around 3 cents after the tx but the share price beng lowered down for 4 cents?
i am a bit confused here, a noob question but i really need advice.
thank you in advance!
This post has been edited by AvenJ: Nov 7 2009, 01:01 AM
Q&A, General question on stock market
Nov 7 2009, 12:59 AM
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