dividends

john1963 · 10-01-2016 09:17PM #1

this might seem like a silly question but if a company declares a dividend of say 3% is that 3 % of the share price or of the number of shares.....eg if ryanairs pice is15 euro and they declare a div of 3% do I get 45 cent as a dividend

Greyian · 10-01-2016 09:23PM

john1963 wrote: »

this might seem like a silly question but if a company declares a dividend of say 3% is that 3 % of the share price or of the number of shares.....eg if ryanairs pice is15 euro and they declare a div of 3% do I get 45 cent as a dividend

You would get 45 cent per share you hold, in the example shown.

You will have to pay tax on your dividends though.

Cute Hoor · 10-01-2016 09:29PM

john1963 wrote: »

this might seem like a silly question but if a company declares a dividend of say 3% is that 3 % of the share price or of the number of shares.....eg if ryanairs pice is15 euro and they declare a div of 3% do I get 45 cent as a dividend

A company will never declare a dividend of 3% (or any %), they will declare a dividend of 23 cent (or whatever) per share

Johnerr · 10-01-2016 09:55PM

3% is the calculated yield, depending on SP

Waltan · 12-01-2016 08:53AM

What date do you have to hold the share to receive the dividend, the announcement date or the end of year or other?

Sabre Man · 12-01-2016 11:12AM

Waltan wrote: »

What date do you have to hold the share to receive the dividend, the announcement date or the end of year or other?

You need to hold the shares on the ex-dividend date. For US shares this can be found on dividend.com.

Nody · 12-01-2016 11:35AM

Waltan wrote: »

What date do you have to hold the share to receive the dividend, the announcement date or the end of year or other?

There's a specific cut off date you need to have them by; it's usually included in the announcement (i.e. Company X is going to pay a dividend of Y on date Z with cut off date Q).

dividends

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