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Re: Re: [sharechat] NZR


From: "Kathy Gruschow" <kathy@nzse.co.nz>
Date: Mon, 11 Sep 2000 14:45:55 +1200


No.  The record date for NZR was effectively cob on Friday.  The ex 
date is from commencement of trading today.  If you purchased 
shares on Friday, you will be entitled to the dividend as the trading 
basis would have been 'cum div' (CD).  Today, you will note the 
trading basis is 'ex div' (XD) so if you purchase shares today you 
will not receive the dividend.

Kathy

On 11 Sep 00, at 13:44, Ted wrote:

> Still confused somewhat. Does this mean ex div at the end of Today, or at
> the end of Friday? ie if I bought shares on Friday, I get the div, but if
> I bought today, I don't??
> 



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