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With this share in particular, I buy at most after the ex-date.
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@Thomas_1963 May I ask why? Could you possibly elaborate on this? (I've been invested here for a while, but it's a "rare" stock and would like to understand the explanation). Thank you
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@Lika As I am pursuing a dividend strategy, I came across the $HAUTO share some time ago. With a dividend yield of 26.21%, they probably have one of the highest yields of all.
Generally speaking, you should be very careful, but if you look at the data, I am very relaxed. The volatility of the share is already somewhat higher, but I have been positive for some time.
I am attaching a current article with further information.
The next ex-date is December 9. Payday is December 18.
https://de.investing.com/news/stock-market-news/ergebnisprasentation-hoegh-autoliners-verkundet-starkes-drittes-quartal-mit-flottenausbau-93CH-2748368
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@Thomas_1963 Thank you Thomas for your time and Info❤️ I feel the same way. What I didn't understand, however, is what buying/selling has to do with before/after the ex-day and the "devaluation" 🤯
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@Lika On the ex-dividend date, the price of the respective share is reduced by approximately the value of the dividend paid out.
This means that you can buy the share at a slightly lower price after the "devaluation" and then participate again in the next dividend payment.
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@Thomas_1963 Ah, now I understand how it's meant. It was always somehow too "hot" for me or I thought I'd miss the date or something 🤣 So if I understand it correctly, if you were to buy Hoegh, for example, then better on December 9? Thomas, thank you very much for the explanation 🫶🫶🫶🫶
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@Thomas_1963 sure? i read that the share is to be reduced to NOK 1 and not by one NOK
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@market_analyst_1384 I have now linked the question to the dividend payment.
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@market_analyst_1384 Oh dear, then I have another question: what does that mean? I've been in the stock market for 1 year and have never experienced a "devaluation" 🤷‍♀️ What does that mean in figures? Sorry if I'm annoying 😥
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@market_analyst_1384 Hmmm...maybe I've got it wrong (please correct me if I'm wrong). So the "reduction" would then mean in figures: e.g. today the share stands at NOK 130.60 at a nominal value of (what nominal value does it have anyway, somehow I don't have anything on my screen) will be reduced to NOK 1.00 nominal value on December 9 (no matter how high/low it is)! (The price could be even higher/lower than today in NOK).
Then it would be "smart" (ahem 🤷‍♀️) to sell the share by December 8th and buy it again on December 9th (would like to stay invested) and then go away empty-handed without dec dividends, since almost half of them are taxed?

Please tell me I've got this right! 🤯
@Dividendenopi 🙏
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@Lika The nominal value has nothing to do with the market value of the share. The previous nominal value of NOK 14.80 will be reduced to NOK 1. The number of shares remains the same. A small part of the released capital has been used for a share buyback, which is not significant. The remainder flows into a reserve fund in accordance with section 12-1, point 3 of the Norwegian Public Limited Companies Act. The distribution in December could probably be made from this, and would come from the substance and be exempt from withholding tax. The information as a whole is somewhat sparse, normally the entire free cash flow should be paid out as a dividend. This would have been due in November, but was postponed due to the capital reduction. I'm currently reading up on the Norwegian Companies Act, but I can't make a final assessment at the moment. For my part, I am taking the dividend and not selling anything and buying ex-dividend.
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