Post by
Eastbank on Apr 24, 2024 1:55pm
Ex-dividend today April 24th @$1.38 cdn.
Stock down accordingly based on ex-dividend, but weak hands exacerbating further..
Comment by
Splitfunding on Apr 24, 2024 5:06pm
I never quite understood why stocks drop with the ex-dividend. It's not like the money is somehow directly taken out of the market cap.
Comment by
Dibah420 on Apr 28, 2024 10:35am
It is a promise "to take money out" of the company's treasury and return it to the shareholders at a later date, called the payout date. Markets are sensitive to future actions, especially those that are guaranteed to occur.