ZIM Integrated Shipping Services Ltd (ZIM)

[WMsince2008]

I found this online called ‘ due bill’ do not know which one right , complicated ?


On the other hand, if a buyer purchases a stock on or before the ex-dividend date, they would be entitled to the dividend, but if they are not listed as the owner on the record date, the seller would receive the dividend on the payment date. Since the buyer is the rightful recipient of the dividend, the seller would issue a due bill to the buyer. This due bill entitles the rights of ownership to the buyer, even though the buyer has not yet been listed as the shareholder of record.

A due bill protects the stock's buyer, making sure the rights of ownership is established, regardless of whether the buyer has been listed yet as the shareholder of record.
What Is the Due Bill Period?
Suppose a stock is planning to issue a regular quarterly dividend. A list of stockholders of record who will receive the dividend is prepared on the record date. The ex-date is set (usually two days earlier) for when shares will trade on the open market without the right to the dividend. The period beginning on the record date and usually ending two days later (four days after the earlier ex-date) is when the identities of the holders of record are known and payment is due to them. This is known as the due bill period, during which remittances to investors are due after the stockholders of record are established.
https://www.investopedia.com/terms/d/duebill.asp
Thanks