Good People!

I am in a dilemma understanding the difference between end year e.g. 31 March and Books closure e.g. 15-Mar-2011 (both for Barclays Bank)

What date matters when for example one expects a dividend? By what date must one be holding shares for a company to qualify to get dividend?

@VVSana, when is the book closure date for Barclays?

Thanks a lot @VVS

Is that the reason why there is a lot of activity around a share whose book closing date is imminent?

And would this be a good time to get into the share?

Thanks again for the info.

If yu buy bbk before 15 march 2011, you will get the 4.70 shilings they are giving us its final dividend.

On the 15 march, the share will be cumdividend, on 16 march, it will be exdividend and will go down by a 4.70 margin plus more as those who buy then will huv to wait for a year to get the next final.

The same thing happens for interim dividend but because the interim is usual very small, the effect is not as much as the final div case.

If yu buy bbk today, the share might continue going down because wikileaks has confirmed that raila is a dictator who can destroy this country. even rannenberger confarmed the same.

You must hold the shares before books closure date to qualify for a dividend. Any time before that or immediately after you are just angling for capital gains.

Now id I offload my shares on 16-March, and the dividend cheque is sent like 10-Apr,Will I still get my cheque?Or someone will say that I sold my shares so soon after book closure?

And how can u tell that the share price will not go down?