All about Dividends

[Neal Caffrey]

Can people short stocks on XD date since it's most likely going to drop? Thanks

 

[Starrynitee]

Are all US shares subjected to 30% withholding tax?

 

[klanddt]

If they are listed and domiciled in US. Think it's yes.

Are all US shares subjected to 30% withholding tax?

 

[Neal Caffrey]

If the XD is on Friday. I Q to sell on Thursday after closing and it sold on Friday opening. Do I still get the dividend?

 

[Perisher]

Are all US shares subjected to 30% withholding tax?

Not all but mostly yes. There are exceptions.
Like someone else mentioned, depends on where the company is based or simply domiciled in.

And note that, capital gain is non-taxable.
It's only the dividends that's taxed.

 

[Perisher]

If the XD is on Friday. I Q to sell on Thursday after closing and it sold on Friday opening. Do I still get the dividend?

This question has been answered already.

Can people short stocks on XD date since it's most likely going to drop? Thanks

Also answered already.

 

[Perisher]

hello

still a greenhorn in investing, but how to tell which company has yearly dividends for its shareholder?

The company will announce.
You can also look it up on nasdaq website for US ones or dividends.sg for sg companies or sgx websites on company announcement etc...
Many ways.

 

[jamesyew]

Hi guys, would like to check US dividend, they are paid in form of cash into our account or cheque? I bought some shares b4 ex-div date, pay date is on 15 Aug but I have not rec’d anything yet

 

[Perisher]

Hi guys, would like to check US dividend, they are paid in form of cash into our account or cheque? I bought some shares b4 ex-div date, pay date is on 15 Aug but I have not rec’d anything yet

Cash. Which brokerage you using?

 

[jamesyew]

CIMB securities...

 

[madtari]

Hi All, just to check if anyone is entitled or has collected scrip dividend with rounding up of fractional entitlement (eg. OCBC)? Does your custodian account also do round up as per company's announcement or will it be rounded down? Will appreciate if we can crowdsource and collate a list as below:

Assuming scrip for shares in CDP will be rounded up,
DBS Treasures custodian = down
SCB custodian = ?
FSMONE custodian = ?
POEMS custodian = ?
SRS account = ?
CPFIS account = ?

 

[Coolio89]

Hi all, I have a POEMS Cash Plus account and am wondering if there are dividends declared for my stocks holdings, will the dividend amount flow to my EPS bank account linked to the Cash Plus account?

Thank you

 

[Perisher]

Hi all, I have a POEMS Cash Plus account and am wondering if there are dividends declared for my stocks holdings, will the dividend amount flow to my EPS bank account linked to the Cash Plus account?

Thank you

This is actually a better question for poems to answer you. Will be hard to find poems users here.

 

[LuffyXD]

Hi Perisher

Your very first post says that a stock will gap down before the ex-div date. does this mean that it is an opportunity for me to buy into the stock at a cheaper price?

ty

 

[Perisher]

Hi Perisher

Your very first post says that a stock will gap down before the ex-div date. does this mean that it is an opportunity for me to buy into the stock at a cheaper price?

ty

Mind quoting the exact line you read?

I don't think stock will move down before ex-div date, it will move down on ex-div date, not always but majority of the time.

Anyway, if a stock is $1, and it move down to 90c before exdiv, it can still move further down on exdiv day itself.
If div is 1c, it can still open at 89c on the exdiv day itself(most of the time, it will).
There is no cheaper price, but price may go down further post ex-div due to the next dividends being months away.

 

[LuffyXD]

This the thing i am referring to

"Selling, if your sole purpose is to get dividends and you wish to sell the minute you are confirmed that you are entitled to a dividend, sell on ex-div date. How this works is, e.g. ex-div date is August 15, you want to get the dividends, you buy on August 14, hold it to August 15, sell it on August 15, ta-da, you have the dividends. Yes, holding it for a day is all it took.

Note that, it's a zero-sum game usually to try this method as the Stock would gap down(meaning move down) to show the pay out of the dividends.
E.g.
if ex-div is on February 12,
the stock price is $10 on Feb 11,
the dividends is $1,
The stock would most likely open at around $9 on Feb 12, thus taking into account the $1 dividend that is paid out."

I think i read it wrongly, should be price moving down on the ex-div date itself instead of before. thanks for explaining

 

[Perisher]

This the thing i am referring to

"Selling, if your sole purpose is to get dividends and you wish to sell the minute you are confirmed that you are entitled to a dividend, sell on ex-div date. How this works is, e.g. ex-div date is August 15, you want to get the dividends, you buy on August 14, hold it to August 15, sell it on August 15, ta-da, you have the dividends. Yes, holding it for a day is all it took.

Note that, it's a zero-sum game usually to try this method as the Stock would gap down(meaning move down) to show the pay out of the dividends.
E.g.
if ex-div is on February 12,
the stock price is $10 on Feb 11,
the dividends is $1,
The stock would most likely open at around $9 on Feb 12, thus taking into account the $1 dividend that is paid out."

I think i read it wrongly, should be price moving down on the ex-div date itself instead of before. thanks for explaining

Yup. Just think of it as, exdiv = taking money out of the company to pay shareholder, thus company has less money and thus share price drop to reflect that.

 

[JKONG77]

hello

still a greenhorn in investing, but how to tell which company has yearly dividends for its shareholder?

My favorite free site is sg.finance.yahoo.com;

For example following link is DBS bank.

sg.finance.yahoo.com/quote/D05.SI?p=D05.SI

- go to "Historical Data" tab
- you should see 3 filters ; "Time Period"; "Show"; "Frequency".
- select "Show" and select "Dividend Only"
- select "Time period" and choose which period Dividends you want to see; I normally just click the "5Y" button - stands for 5 years.
- finally click "Apply"

You will see the dividend paid by DBS last 5 years

 

[singqian]

hello

still a greenhorn in investing, but how to tell which company has yearly dividends for its shareholder?

https://www.dividends.sg/dividend/coming

this website is very useful... you can easily find upcoming dividends or each company dividends record

 

[Hopeful33]

I realize that the ES3 dividend credited into my account is about 30% less than what I calculated based on $0.04 per share. Also, I don’t see the A35 dividend being credited at all (supposed to be credited in Jan) Anyone facing the same issue? I’m using Standard chartered online trading.