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Share trader newbie, Datatec dividend am I missing something ?
#1
Hi, Merry Xmas to all

I am new to share investing and busy learning the ropes.
I spotted this on Moneyweb last week and I am not sure if I am missing something.

https://www.moneyweb.co.za/mny_sens/data...reholders/

R23.00 dividend per share is pretty large right ? On a R56 share.
Do I only need to be holding the shares on 12 Jan 2018 to receive dividend ?
Would this SENS info not drive the share price up ? but it still fairly seems flat.

Any advice would help thanks.
Slade

#2
(12-27-2017, 12:57 PM)Slade Wrote: Hi, Merry Xmas to all

I am new to share investing and busy learning the ropes.
I spotted this on Moneyweb last week and I am not sure if I am missing something.

https://www.moneyweb.co.za/mny_sens/data...reholders/

R23.00 dividend per share is pretty large right ? On a R56 share.
Do I only need to be holding the shares on 12 Jan 2018 to receive dividend ?
Would this SENS info not drive the share price up ? but it still fairly seems flat.

Any advice would help thanks.
Slade

Hold till close on LDT (last day to trade)
Div is already "priced in" - in will fall +_ around the value of the div the next day - maybe a bit more, maybe a bit less. Obviously they have sold a huge chunk of their business, and this will be reflected in the shares price the next day. I have LDT listed as the 9/1/2018 - could be wrong - but check. BTW remember 20% div tax.






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