DIVIDENDS!!!!!!!!!!!!!!!!!!!!

I am ready to make your heads spin with numbers. Find a quiet corner and concentrate.

Let& #39;s use the actual RMH case. You spend 2 grand and you bought 1 052 shares

You would have received a divi today of R842. Please don& #39;t forget you owe SARS 20% tax

You received R673 for free. You need to deduct it from your cost if you are not reinvesting. Eat your money if you want to, but you can NOT say that you paid R1,90 per share anymore people. You my babies paid R1,26 per share

But your EE looks like the red column and you cry fake tears https://abs.twimg.com/emoji/v2/... draggable="false" alt="😭" title="Laut schreiendes Gesicht" aria-label="Emoji: Laut schreiendes Gesicht">https://abs.twimg.com/emoji/v2/... draggable="false" alt="😭" title="Laut schreiendes Gesicht" aria-label="Emoji: Laut schreiendes Gesicht">https://abs.twimg.com/emoji/v2/... draggable="false" alt="😭" title="Laut schreiendes Gesicht" aria-label="Emoji: Laut schreiendes Gesicht">

Let& #39;s say you reinvest that dividend today

Now take out all your calculators and double check me

When a company announces a dividend, the share price INCREASES, we in finance call this "cum-dividend". In Latin it means that the price includes the dividend

So the announce and it starts trading cum-divi

Then they announce the LDR (Last Day to Trade). If you own the shares on this day when market closes, you will receive the dividend, but if you buy after cum-div and before LDR, you are paying for your dividend already

The day after LDR, the share starts trading ex-dividend. You guess it, it start trading EXCLUDING the dividend.

This is the day each and every one of you had massive heart-attacks and hernias and ulcers and saying investing is a scam. Say I am wronghttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🤣" title="Lachend auf dem Boden rollen" aria-label="Emoji: Lachend auf dem Boden rollen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤣" title="Lachend auf dem Boden rollen" aria-label="Emoji: Lachend auf dem Boden rollen">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤣" title="Lachend auf dem Boden rollen" aria-label="Emoji: Lachend auf dem Boden rollen">