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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend

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To: Cosmo Daisey who wrote (1859)5/30/2000 11:47:00 AM
From: Bobo Bear  Read Replies (1) of 2561
 
<<<Opps, now I see what you are getting at. In my EQR example the Ex date is June 16 and the record date is June 20>>>

Now you get it. If I were to buy EQR on June 15 and sell in on June 16 I would still become the shareholder of record on June 20 and thus receive the dividend payment on July 14. Simple isn't it? NOT! But that is how it works.
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