AFI News: We Wouldn't Be Too Quick To Buy Australian Foundation Investment Company Limited (ASX:AFI) Before It - 7th Aug 2023, 8:00am

[annb0t]

It looks like Australian Foundation Investment Company Limited (ASX:AFI) is about to go ex-dividend in the next 4 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. In other words, investors can...

>>> Read more: We Wouldn't Be Too Quick To Buy Australian Foundation Investment Company Limited (ASX:AFI) Before It Goes Ex-Dividend