On May 23rd, $Emperor Watch&Jewelry(00887.HK)$ announced that it will go ex-dividend on May 24th, 2024, with a dividend of 0.0056 HKD per share. The date for dividend registration is May 27th, 2024, ex-dividend date is May 24th, 2024, and the date of payment is June 20th, 2024.$EMPEROR WATCH&J (00887.HK)$Dividend refers to the cash distributed by a listed company to shareholders as interest. If a customer holds the company's stock on the day before the ex-dividend date, they can participate in the dividend distribution. On the ex-dividend day, the stock price of the listed company will fall, and the amount of this loss will be transformed into interest cash and paid into the shareholder's account.
What is bonus share?
Bonus share is also called a scrip dividend, which refers to free shares issued to shareholders by the listed company. If a customer holds the company's stock on the day before the ex-dividend date, they can participate in the bonus share distribution. On the ex-dividend day, the stock price of the listed company will fall, and the amount of this loss will be transformed into bonus shares and distributed to the shareholder's holdings.
Reminder:
Before the specific execution of the announced plan, everything is subject to change, such as a change in the execution date or even the cancellation of related company actions. The final plan shall prevail with the last announcement of the exchange and the listed company.
On the ex-rights date, the stock price of a listed company will fall, and the amount of this loss will be converted into interest cash and distributed to shareholders' accounts.
That is, cash dividend means that the shareholder's holdings change from all common stocks to all common stocks (price drop) plus cash interest (amount of common stock's decline). The cash will be deposited into shareholders' accounts on the payment date.
What is stock dividend?
Stock dividend, also known as bonus shares. If a customer holds a stock of a listed company the day before the ex-rights date, they will participate in the bonus share distribution.
On the ex-rights date, the stock price of a listed company will fall, and the amount of this loss will be converted into bonus shares and distributed to shareholders' holdings.
That is, stock dividend means that the shareholder's holdings change from all common stocks to all common stocks (price drop) plus bonus shares (worth the part of the common stock's decline).
Bonus shares will be deposited into shareholders' holdings on the distribution date (bonus shares are the same as common stocks).
Reminder:
Before the specific execution of the announced plan, everything is subject to change, such as a change in the execution date or even the cancellation of related company actions. The final plan shall prevail with the last announcement of the exchange and the listed company.