After the equity registration, the stock will be ex-entitled, that is, the dividend right contained in the stock will be lifted. Ex-dividend and ex-dividend occur after the transaction ends on the registration date. Shareholders who buy shares after ex-dividend will no longer enjoy the right to share dividends.
Dividends are divided into two ways: dividend reinvestment and cash dividends. The difference between these two methods is that one is simple interest appreciation, while dividend reinvestment is compound interest appreciation. Therefore, most customers prefer to choose the way of dividend reinvestment.
Equity registration is a legal act to determine or change a specific shareholder and its equity, an important link to protect the legitimate rights and interests of investors, and also the key to standardize the issuance and transfer of securities transactions.
Extended information All shareholders who own shares on the registration date have the right to receive or subscribe for shares, and can participate in dividends or allotment. Determine the ex-dividend date (usually the next trading day after the registration date).
On the ex-dividend date, the SSE will prompt the stock abbreviation according to the different dividends. Adding XR before the stock name means ex-dividend, XD means ex-dividend, and DR means ex-dividend. Ex-dividend quotation will appear on the day of ex-dividend, and the calculation of ex-dividend quotation will be different due to dividends or allotment.
Calculate ex-dividend price: ex-dividend price = closing price on the dividend registration date-cash amount of dividends distributed per share.
Calculate ex-dividend price: ex-dividend price after bonus shares = closing price on benchmark date ÷( 1+ number of bonus shares per share).
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