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Does the owner of the new ordinary shares get the dividend

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Reference no: EM132505499

Question 1: Are dividend paid on newly issued shares?

For example there was 1.5 Million ordinary shares at start and 500000 new ones are issued in September of the year ended December 2020.

Question 2: If dividend of $0.05 is being paid in December 2020; does the owner of the new 500000 ordinary shares get the dividend? Or is it only the 1.5 Million previous that get it?

Reference no: EM132505499

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