Schroder UK Mid Cap Fund Plc Ex-dividend date
What is the Ex-dividend date of Schroder UK Mid Cap Fund Plc?
The Ex-dividend date of Schroder UK Mid Cap Fund Plc is N/A
What is the definition of Ex-dividend date?
Ex-dividend date is the cut-off date before which the payment of dividends after a sale belongs to the new owner instead of the seller.
The ex-dividend date or reinvestment date is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings. If a sale is before this date, the dividend belongs to the new owner; if on or after the date, the seller is entitled to the dividend. If a stock is purchased on its ex-dividend date or after, the buyer will not receive the next dividend payment. Instead, the seller gets the dividend. If a stock is purchased before the ex-dividend date, the buyer gets the dividend.
What does Schroder UK Mid Cap Fund Plc do?
Schroder UK Mid Cap Fund plc is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Ltd. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of mid-cap companies. The fund employs fundamental analysis focusing on such factors as strong management teams with a proven record, good future prospects, and a strong business franchise within the firms' markets to create its portfolio. It benchmarks the performance of its portfolio against the FTSE 250 (ex-Investment Companies) Index. The fund was formerly known as Schroder UK Mid & Small Cap Fund plc. Schroder UK Mid Cap Fund plc was formed on April 1, 1983 and is domiciled in the United Kingdom.