$KEPPEL CORPORATION LIMITED(BN4.SI)$ Keppel Corporatiin went ex-dividend today and the theoretical price should be 6.19 after adjuatment ti the 18 cents dividend from yesterday's closing price. Now Keppel is at 6.10. Hence if you had sold off at 6.19 or so yesterday and buy now at 6.10 you will have made a gain foregoing the dividend. This happenes also fo DBS Bank ex-dividend two week ago. Hence, from these two counters it would seem to be cheaper to sell off before ex-dividend, forego the dividend and buy on day of ex-dividend. Lets see how UOB will perform romorrow at ex-dividend. UOB may suffer the same fate, so do you sell off UOB today foregoing yhe dividend and buy tomorrow when it goes ex-dividend? Most investors want to collect the dividend and suffer the setback at ex-dividend if it happens like DBS and Keppel. What do you think?
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