Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
for example, closing price for tomorrow is 2.9. Then, share price for Monday will become RM 2.
This is because company pay dividend by cash. Cash is an assets. If you learn accounting, (Assets = Owner's Equity + liabilities). all ordinary share record in Owner's equity. Company pay by cash. When cash decrease, means that asset of the company decrease, so the Owners Equity must decrease a same amount like decreasing of assets. That why the share must be adjusted during ex date.
