The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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To: XBrit who wrote (15647)	1/9/2003 5:44:45 PM
From: techanalyst1	Read Replies (2) of 57684

You can get that dividend by buying the stock and holding it on the ex div date. You know how much the div is and so does the broker as it gets credited to your account creating a "paper trail". You don't have to hold it longer than the ex div time period to get the dividend. How on earth this is supposed to work for a non div paying company is beyond me. How long do you have to hold that stock to get the tax break? Are companies going to report how much would be applicable? If so, then it's up to the taxpayer to keep a running tab on that, I suppose. What if a company restates earnings later and gets some kind of tax break or increased taxes down the road? What if they're bought out? What a MESS! TA

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