When clicking on the Trade button to record your dividend for FPH, the pre-populated value of the dividend rate has been incorrectly calculated. The value should be 0.162027 not 0.1783653
The mistake has arisen by converting NZ$0.17 by dividing the conversion rate by 0.9531 instead of multiplying by that amount.
Hi Phillip,
Thank you for bringing this to our attention. However, these figures are not calculated in BC, we simply plug in the data released by the ASX.
In this case, it appears the ASX have made an error. This is evident in the announcement document: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02464127-2A1344639?access_token=83ff96335c2d45a094df02a206a39ff4
Refer to page 3. Note the AUD equivalent amount is greater than the NZD amount.
We have notified our data provider in case they have any way of following up with the ASX directly. However, I suspect there will be an amendment in the near future.
Regards,
Vince.