NOOB QUESTION ON DIVIDENDS

captain huat

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1) Why does shares like starhub has future information on the 2017 dividends payout. for eg.

Ex Date: 17 Apr 2017
Pay Date : 3 May 2017

2) What if I purchase Starhub shares today. Am I still eligible for the dividends payout during 3rd may?
 

imwarren

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1) this is so that buyers and seller can factor for the upcoming dividend into the share price

2) yes.

CD = you get dividend
XD = no dividend (it goes to the previous owner of the share)
 
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