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Strategies & Market Trends : Dividend investing for retirement

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To: Steve Felix who wrote (3584)	2/1/2010 8:41:49 PM
From: Triffin	Read Replies (1) of 34328

Steve .. RE: INTC dividend .. "To ensure that you are in the record books, you need to buy the stock at least three business days before the date of record, which also happens to be the day before the ex-dividend date." The above statement is correct and since the announced X-div date for INTC is Wed Feb 3rd, you can still buy INTC before the close tomorrow and get the dividend .. Also, don't forget that the stock price doesn't necessarily "fall" on x-date ... What happens is that the prior night's closing price is adjusted downward by the amount of the dividend .... Price change for the trading day on the X-div day is based on this dividend adjusted prior day's closing price ... Hope that's clear :o) Triff ..

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