Iggy’s Journal: Your Share Fell Ex-Dividend. Did You Actually Lose Money?

The Investing Iguana

Iggy’s Journal: Your Share Fell Ex-Dividend. Did You Actually Lose Money?

Mon 12 Oct 2026 | Morning

The Numbers

An illustration from the episode: a S$4 share with an 8-cent dividend. The 8 cents is 2% of the S$4 price. On the ex-dividend date the share may adjust to about S$3.92, a fall of 8 cents. The share no longer carries the dividend entitlement from that date, but the 8 cents is not paid that day. It is due on a separate payment date. The adjustment may be close to the dividend, but it is rarely exact, because other price moves can happen on the same day.

My Personal Take

A price chart shows one number for the day. It cannot separate the dividend from everything else that moved the price. If the same S$4 share closed at S$3.95 on its ex-dividend date, the price would be 3 cents above the S$3.92 adjustment, and the chart alone could not show why. In the episode I go through which dates and which payment type on the notice matter, and how I compare the price fall with the declared rate.

📺 YouTube: https://youtu.be/TMH6fhhQidk

📩 Substack: https://investingiguana.com/p/the-share-fell-when-it-went-ex-dividend

Not financial advice. Iggy’s Forensic Compliance Standards apply.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Did You Actually Lose Money?","html":"<html><head></head><body><p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/529893e1c29657ead308887c471b53f5\" tg-width=\"1536\" tg-height=\"2752\"></p>\n<p><strong>Iggy’s Journal: Your Share Fell Ex-Dividend. Did You Actually Lose Money?</strong></p>\n<p></p>\n<p>Mon 12 Oct 2026 | Morning</p>\n<p></p>\n<p>The Numbers</p>\n<p>An illustration from the episode: a S$4 share with an 8-cent dividend. The 8 cents is 2% of the S$4 price. On the ex-dividend date the share may adjust to about S$3.92, a fall of 8 cents. The share no longer carries the dividend entitlement from that date, but the 8 cents is not paid that day. It is due on a separate payment date. The adjustment may be close to the dividend, but it is rarely exact, because other price moves can happen on the same day.</p>\n<p></p>\n<p>My Personal Take</p>\n<p>A price chart shows one number for the day. It cannot separate the dividend from everything else that moved the price. If the same S$4 share closed at S$3.95 on its ex-dividend date, the price would be 3 cents above the S$3.92 adjustment, and the chart alone could not show why. In the episode I go through which dates and which payment type on the notice matter, and how I compare the price fall with the declared rate.</p>\n<p></p>\n<p>📺 YouTube: https://youtu.be/TMH6fhhQidk</p>\n<p>📩 Substack: https://investingiguana.com/p/the-share-fell-when-it-went-ex-dividend</p>\n<p></p>\n<p>Not financial advice. Iggy’s Forensic Compliance Standards apply.</p></body></html>","htmlText":"<html><head></head><body><p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/529893e1c29657ead308887c471b53f5\" tg-width=\"1536\" tg-height=\"2752\"></p>\n<p><strong>Iggy’s Journal: Your Share Fell Ex-Dividend. Did You Actually Lose Money?</strong></p>\n<p></p>\n<p>Mon 12 Oct 2026 | Morning</p>\n<p></p>\n<p>The Numbers</p>\n<p>An illustration from the episode: a S$4 share with an 8-cent dividend. The 8 cents is 2% of the S$4 price. On the ex-dividend date the share may adjust to about S$3.92, a fall of 8 cents. The share no longer carries the dividend entitlement from that date, but the 8 cents is not paid that day. It is due on a separate payment date. The adjustment may be close to the dividend, but it is rarely exact, because other price moves can happen on the same day.</p>\n<p></p>\n<p>My Personal Take</p>\n<p>A price chart shows one number for the day. It cannot separate the dividend from everything else that moved the price. If the same S$4 share closed at S$3.95 on its ex-dividend date, the price would be 3 cents above the S$3.92 adjustment, and the chart alone could not show why. In the episode I go through which dates and which payment type on the notice matter, and how I compare the price fall with the declared rate.</p>\n<p></p>\n<p>📺 YouTube: https://youtu.be/TMH6fhhQidk</p>\n<p>📩 Substack: https://investingiguana.com/p/the-share-fell-when-it-went-ex-dividend</p>\n<p></p>\n<p>Not financial advice. Iggy’s Forensic Compliance Standards apply.</p></body></html>","text":"Iggy’s Journal: Your Share Fell Ex-Dividend. Did You Actually Lose Money? Mon 12 Oct 2026 | Morning The Numbers An illustration from the episode: a S$4 share with an 8-cent dividend. The 8 cents is 2% of the S$4 price. On the ex-dividend date the share may adjust to about S$3.92, a fall of 8 cents. The share no longer carries the dividend entitlement from that date, but the 8 cents is not paid that day. It is due on a separate payment date. The adjustment may be close to the dividend, but it is rarely exact, because other price moves can happen on the same day. My Personal Take A price chart shows one number for the day. It cannot separate the dividend from everything else that moved the price. If the same S$4 share closed at S$3.95 on its ex-dividend date, the price would be 3 cents above the S$3.92 adjustment, and the chart alone could not show why. In the episode I go through which dates and which payment type on the notice matter, and how I compare the price fall with the declared rate. 📺 YouTube: https://youtu.be/TMH6fhhQidk 📩 Substack: https://investingiguana.com/p/the-share-fell-when-it-went-ex-dividend Not financial advice. 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