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Strategies & Market Trends : Dividend Investing

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To: Paul Senior who wrote (56)6/24/1999 10:33:00 PM
From: Sylvain C.   of 387
 
Anyone; I have a question about dividends. I company I own will issue one share dividend for every 2 shares I own. What impact should it have on the stock price the day after ? If the record date for the dividend is June 29th and I sell 3 days before (as it takes three days to settle) do I still get the dividend? Should I sell the day after the record date?

Thanks for any comments (the company is NYSE:CBA)

Sylvain C.
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