In this video I go through why the share price drops on the Ex-Dividend date. I’ll use FMG as an example. Sign up to my weekly newsletter: https://sanjee.substack.com

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Timestamps:
0:00 - Intro
0:39 - What are dividends?
1:34 - Key dates
2:00 - Ex-dividend date
2:23 - Dividends per share (DPS)
2:56 - Why does the price drop?
4:20 - Example 1
5:04 - FMG Example
7:08 - 3 directions the price can go
8:21 - FMG was already going down
9:38 - Should you buy on the Ex-D date?


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Useful links:
Australian Government website on personal finances: https://moneysmart.gov.au

Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you. There are some Amazon Affiliate links above - if you purchase from there, at no additional cost to you, I will earn a small commission for each sale.