Chorus Limited (ASX: CNU) is among the top losers today as its shares went ex-dividend. The stock typically drops by the dividend amount since new buyers are no longer eligible for the payout. In this instance, Chorus is paying a dividend of 22.1841 cents unfranked. The ex-dividend date reflects this adjustment in the share price, aligning with the standard market practice when dividends are declared. Investors who buy the stock on or after this date will not receive the upcoming dividend.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
