Enquiries regarding Scrip Dates for Dividend Reinvestment Programme

Hi, do correct me if I’m mistaken, but shouldn’t scrip payout date check be aligned with the payout date instead of the closure date?

I cannot remember exactly why I decided to choose ExDate but I can think of two reasons why ExDate was chosen.

  1. In theory, a stock price will drop when it reaches ExDate, by having it set to ExDate can help mitigate it slightly.

  2. There are some cases (though rare) where my data is missing PayDate

But yes, maybe we should allow both ExDate and PayDate. Wonder what others think?

1 Like