Base value of a share

Does the base value of a share for CGT purposes include the figure payable ex dividend or is it just the capital value of the share?

The CGT base cost is the price ex-div as the purchase price paid by the purchaser will have been reduced to take account of the fact that entitlement to the next div payment post sale is that of the vendor.

Malcolm Finney

Thank you for settling an argument - they were right and I am wrong.

Kind regards,

Claire Flood.