When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.
Looking at Singapore Exchange, the previous ex-dividend dates for Nikko AM Singapore STI ETF (G3B) in April were 27 Apr 2012, 29 Apr 2011 and 29 Apr 2010. Take note if you're planning a purchase!
Then again, true to what I think this blog should be achieving, which is to kick-start your thinking process rather than telling people what to do, do check out this article and see for yourself what does dividend really means to you.
What you receive as dividends (regardless low 1% dividend yield or high dividend 50% yield) will be discounted off right at the market open on the ex-dividend date.
As a shareholder, a dividend payout no matter how big or small has no impact on your net worth.
Source : Philip-Teo.com
Interested to find out more? Then check out the article!
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