Re: So those who sold today still qualified for the divy, correct?
in response to
by
posted on
Mar 02, 2007 02:30PM
the "record date" is always 3 business days after any transaction, buy or sell. That date is always -2- days after the ex-dividend date too...so no matter what one has to buy the day before the ex-date to get the divy and sell ON the ex -date or later to keep it, weekends or not...it's always 3 business days after any transaction...in our case buy on the 5th get divies, sell on the fifth lose divies... and on the 6th (ex-day)our stock will open up 2 cents lower than the close of the previous day...at least that will be the norm unless some buyers want to bid it up before the bell or some sellers want to sell for even less,
GLTA