1. At the time of stock delivery: ex-dividend price = closing price on the benchmark date ÷( 1+ stock delivery rate)
The record closing date of a stock is 24.75 yuan, and 3 shares are sent for every 10 share, that is, the dividend yield per share is 0.3, so the stock price of the next day is 24.75 ÷ (1+0.3) =19.04 yuan.
2. For paid allotment: ex-dividend price = (closing price on base date+allotment price x allotment rate) ÷( 1+ allotment rate).
The record closing date of a stock is 18.00 yuan, and 10 shares are matched with 3 shares, that is, the allotment rate per share is 0.3, and the allotment price per share is 6.00 yuan, so the ex-dividend price of the next day is: (18.00+6.00x0.3) ÷ (/kl)
3. When stock issuance is combined with paid allotment: ex-dividend price = closing price on the benchmark date = allotment price x allotment rate ÷( 1+ allotment rate+allotment rate).
The closing price of the stock is 30 yuan/share. If the allotment plan is to allocate 5 shares for every 65,438+00 shares and the allocation price is 65,438+00 yuan/share, the ex-dividend price of the next day is: (30+65,438+00× 0.5) ÷ (65,438+0+0.5) = 23.33 (.
Extended data:
Divide right function
In fact, the purpose of ex-dividend is to adjust the corresponding value of listed companies per share, which is convenient for investors to compare and analyze the stock price. Imagine that if the ex-dividend is not handled, the share price of listed companies will fluctuate greatly. After ex-rights, investors can regain their rights when analyzing the changes of stock price trends, making the stock trends before and after ex-rights comparable.
However, there are also some special circumstances, the stock price of listed companies changes greatly, and it is impossible to deal with ex-rights. For example, when a listed company carries out the share-trading reform, the shareholders of non-tradable shares will pay part of the shares to the shareholders of tradable shares as the consideration for obtaining the right to circulate, although the number of shares held by the shareholders of tradable shares has increased.
The total share capital has not changed, and the corresponding value of the shares has not changed, so there will be no ex-rights, but for the shareholders of tradable shares, the holding cost per share has changed. When the consideration is implemented, the stock price of listed companies often reflects this special situation by letting go of the ups and downs.
Baidu encyclopedia-in addition to power