GREY:CRIUF - Post by User
Comment by
Sukhi19on Aug 28, 2017 1:11pm
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RE:RE:RE:RE:Ex distribution day
RE:RE:RE:RE:Ex distribution dayIn my opinion, Ex-Div date has nothing to do with brokerage.
It is related to TSX or whichever exchange the company trades on. Only exception is DRIP participation.
If you buy KWH.UN today you will get the distr and if you buy tomorrow, you won't.
It is due to this reason that usually Unit price/SP of a stock pulls back by the amount approx equal to dividend/distr amount.