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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (200983)10/30/2002 1:52:27 AM
From: Spekulatius  Read Replies (2) of 436258
 
<< To All, The I-share income ETFs are terrific. If you are shorting them to hedge bond holdings and funds, as I do, they can be a reverse dividend capture. You can short them for every day except one in the month and not have to pay out the dividend to the joick who lends you the shares. >>
KT, I am not clear on that. What happens when you are short a stock or ETF on the day it pays its dividend?
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