Question on suspension of Divis

28th Apr '20 by Bullsnbears

2 comments 279 reads

Hi I'm hoping someone can shed some light on the following:

Many companies have suspended dividends due to COVID uncertainty. In this situation what happens to the ex dividend date? Does that get suspended/postponed and reinstated at a later date or do you still need to have held shares on/before ex dividend to qualify for the next dividend even if that's theoretically months into the future?

Thanks

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Blissgull

28th Apr '20

The word suspended is a euphemism. The dividend has been passed. There is no dividend and no ex-dividend date. At some time in the future they might declare a new dividend payable to shareholders in the register at a new date.

Bullsnbears

29th Apr '20

Thanks a lot for explaining it.

Question on suspension of Divis

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