Good day,
Sir in this question, Im confused on to why only 0.08 is deducted from the cum-div share price and not the interim dividend as well to determine the ex-div share price?
Geeh Co paid an interim dividend of $0.06 per ordinary share on 31 October 20X6 and declared a final dividend of $0.08 on 31 December 20X6. The ordinary shares in Geeh Co are trading at a
cum-div price of $1.83.
What is the dividend yield (to one decimal place of a percentage point)?
