Start investing early for long-term financial success

Start investing early for long-term financial success

BHP goes “ex-dividend” on March 4, which means anyone who purchases the shares on or after that date will not receive the interim dividend of $ 1.01.

A dividend is your share of a company’s profits while “interim” means it relates to the first half of the year.

A “final” dividend is paid after the second half of the year. Note that stock prices often drop on the ex-dividend date to counter the dividend payment.

My mother is 91 years old and holds more over $ 1.4 million in stocks, from which the dividends are used to cover the costs of his nursing home. Most of the shares were purchased after the introduction of the Capital Gains Tax (CGT) in 1985 and many of them have significant CGT liabilities. When she…

Read Additional From Source

Copyright @ www.smh.com.au

News Highlights Finance

  • Headline: Start investing early for long-term financial success
  • Check all news and articles from the Finance news updates.
Disclaimer: If you need to update/edit/remove this news or article then please contact our support team.
For Latest Updates Follow us on Google News
Bollyinside - US Local News & Breaking News Stories
Logo
Compare items
  • Total (0)
Compare
0