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Ex-date is 30 July 2019.
It means that u are entitle to receive the dividend if you have shares up to ex-date.
If you sell before ex-date, no dividend for sold shares.
if you buying AA just for this Special Dividend, I reckon you to think twice before buying. Let's say you bought a day before ex-date at RM3.50, yes you are entitled to 90sen SD. but the share price will be immediately adjusted by 90sen as well, whereby the opening price in the next day will be RM2.60 (3.50-0.90).
Of course some investors bought the shares at low price eg RM2.4x, even after ex-date adjustment they still earn some capital gain + SD.
You don't have to buy and hold now, what misconception by some. The last date to be entitled to dividend is where you buy it at 29 June 2019, and hold it until 30 Jul 2019 after the price has been adjusted (deducted) for dividend.
Before you buy AA’s share or any other shares, ask yourself. Are you an investor or gambler? If gambler, many examples which you can find in i3. If it’s investor, do your study and understand on AA’s business models (for this case) and attend AGM if you have the chance. Cheers.
