Dividend is one of the effective income generation strategy for both short- and long-term investors. In order to be eligible to receive the recent dividends, YOU must ensure that you purchase the stock before the ex-dividend date and hold the stock through this period.
Hence, If you want to avail the recent dividend declared, Make sure you have the stock at the end of today’s trading session, meaning today is your LAST CHANCE to avail the recent dividend.
Megaworld Corporation (MEG) offers a dividend yield of 1.19% based on yesterday’s closing price of Php5.13 and pays a dividend of Php0.0608. The stock market price is up by 6.43% since the dividend declaration date.
Below is the price action prior to the dividend declaration up Ex-dividend prior date (just for reference for the next dividend date price action)