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When am I entitled to a dividend when I buy a share?

The key date is the "EX" date. If you buy on any date prior to the "EX" date, you are entitled to the dividend. If you buy on the "EX" date or on any day after the "EX" date, you are not entitled to the dividend. "EX" is Latin for "without" - hence the "EX" date is the first date the shares trade without the dividend attaching to them.

Example:

If the "EX" date is 9 October:

If you buy on 8 October or earlier you get the dividend.

If you buy on 9 October, you do not get the dividend.

If you buy after 9 October, you do not get the dividend.

Note though that to get the imputation credits, you have to have held the shares for 45 days in most situations - there are some exceptions for small shareholders.

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