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Holding Period. Share. What is a 'Holding Period'. A holding period is the real or expected period of time during which an investment is attributable to a particular investor. In a long position, the holding period refers to the time between an asset's purchase and its sale.
If you sell it on or after 29 May, you still receive the dividend. A quite separate issue is that if the dividend is franked, you must hold the share for 45 clear days (the total of days before and after the Ex date) if you are to claim the imputed credit. The Tax Department rules for working out the exact number of days are a little complicated and you should refer to the Tax Department material on this subject.