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Strategies & Market Trends : Talking DIVIDENDS "A-B-C's to LARGE PROFITS$$$"

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To: blankmind who wrote (43)1/5/1998 10:11:00 PM
From: Dominick   of 46
 
Blankmind:
It is my understanding to qualify for the dividend a stock must be bought 3 days before record date, (T3 settlement date). The Ex-dividend date is 2 days before the record date (no dividend because settlement becomes the day after record date by 1 day).

Therefore, you bought the dividend. The stock price is automaticaly lowered on the 18th,(ex-date), to adjust for the dividend.

Dom
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