I am still trying to figure out how corporate actions work while practicing on the platform. If a company like MTNN announces a dividend, do I need to hold the stock by a specific date to qualify for it in the simulation? Also, does the simulated cash just drop into my account automatically once it pays out?
How do dividend dates actually work on the simulator?
Beginner Investing
Asked by Ngozi Ade · 2 days ago · 8 views
1 Answer
I have been wondering about this exact thing while trying to figure out how corporate actions work on the platform too! From what I understand, you usually need to hold the stock by the qualification date, and the simulated cash should automatically drop into your cash balance on the payment date, just like in the real market. Has anyone here actually tested this yet to see if the platform credits it immediately?
Ngozi Ade · 2 days ago
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