Earliest to dispose stocks and still entitled to dividends

[abbby]

Anyone has the answer?

Seems everywhere it's a different answer..

Can you dispose on the day of ex-dividend date and still be entitled to dividends? Referring to SG stocks.

[Wd40]

The way it works is; the dividend is actually part of the stock.
So lets say stock price is $10 and dividend announced is $1.
In a perfect world; on the day the stock trades ex dividend, the price falls to $9.
So the effect is the same. If you sell the stock before ex dividend date you sell it at $10 and you get no dividend.
If you sell the stock after ex dividend, you sell it at $9 and you get $1 as dividend.
But the world is not perfect, so on the ex dividend date the stock may trade at $9.2 or $8.8 or anything around that.

Basically there is no free lunch, if that is what you are asking.

[abbby]

Yes that answers it, thanks! Thats what I realised too..ex-dividend date the stock prices always drop to the rate of the dividend %.