Say I have 10000 shares at $4.90 and I get paid a 12c final dividend, does that mean the share price will decrease by roughly 12c after the payment has occured? Theoretically speaking (I know in the real world this doesn't happen).
I would just like a way of calculating roughly how much a price of a share will go down after the dividend is paid. Is there a formula for that?
Thanks
serp
I would just like a way of calculating roughly how much a price of a share will go down after the dividend is paid. Is there a formula for that?
Thanks
serp