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Question

What happens if I buy shares before the ex dividend date?

Answer

If you buy shares cum dividend (before the 'ex date') then the price of the shares will have reflected the fact that you have also bought the right to the dividend. 

The dividend will then be claimed from the seller of the shares to pay to you on or soon after the payment date.  As your broker, we will be responsible for claiming the dividend on your behalf.

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