ARG News: Why It Might Not Make Sense To Buy Argo Investments Limited (ASX:ARG) For Its Upcoming Dividend - 21st Aug 2023, 9:52am

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It looks like Argo Investments Limited (ASX:ARG) is about to go ex-dividend in the next 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Argo Investments' shares on or after the 25th of Au...

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