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

The key date is the "EX" date. If you sell on any date prior to the "EX" date, you are not entitled to the dividend. If you sell on the "EX" date or on any day after the "EX" date, you are 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 sell on 8 October or earlier you do not get the dividend.

If you sell on 9 October, you get the dividend.

If you sell after 9 October, you 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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