Ex-dividend date

SGX's corporate-action board carries ex-date, record date, and payment date. Record date is who the registrar treats as on the book. Payment date is when cash or scrip is meant to land. Ex-date is the trading date on or after which the stock deals without that dividend.

SGX equity trades settle two business days after the trade date. To be on the register by the record date you have to have bought before the ex-date, so the trade has time to settle. Buying on the ex-date is too late for that round.

The last price often drops by about the dividend on the morning it goes ex. That is the cash being peeled off the stock, not a mystery gap.

We copy SGX corporate actions with announcement type DIVIDEND. Upcoming on a stock page is the soonest ex-date on or after today, Singapore time. Amounts are cash per share as SGX sent them. We do not scrape news sites for rumour dates.