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Why did Hanlan shares plummet?
Hanlan stock 002498

In 20 15 years, based on the total share capital of 1073160,000 shares, 3 yuan (3 yuan after tax) was distributed to 10 shares, increasing10 shares.

Date of filing: 2015-10-15; Ex-dividend date: 2015-10-16; Date of listing of red shares: 2015-10-16; Dividend payment date: 2015-10-16;

The stock was transferred in the middle of 20 15 years, and the ex-dividend dates were 10 and 16. After ex-dividend and ex-dividend, the number of shares increased, with cash dividends, and the stock price fell accordingly.

Ex-dividend means that the issuing company distributes shares to shareholders in a certain proportion as stock dividends. When a listed company distributes stock dividends to shareholders, that is, when the company's surplus is transferred to share capital, or when it issues shares, it needs to be ex-dividend. When a listed company distributes its surplus to shareholders in cash, its share price will be ex-dividend.