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27-03-2013, 05:35 PM
Any special dividend (if any) is already priced into the current market price of 28 cents (as of 27 March 2013).
e.g. if a special dividend of 6 cents is declared, share price should not move upwards to 34 cents. Instead, at the ex-dividend date, the share price will adjust downwards by 6 cents to 22 cents.
Comments pls?
e.g. if a special dividend of 6 cents is declared, share price should not move upwards to 34 cents. Instead, at the ex-dividend date, the share price will adjust downwards by 6 cents to 22 cents.
Comments pls?