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Technology Stocks : Dell Technologies Inc.

DELL 113.22

+1.9%

Jan 21 3:59 PM EST

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To: jbn3 who wrote (31214)	2/27/1998 1:59:00 PM
From: Jim Patterson	Read Replies (2) of 176387

re:Can anyone explain why there is a record date when DELL pays no dividends? What is its function? Record date for DELL is today. That means that anyone who owns the stock at the end of trading on Friday Will recieve the split. Because of 3 day settlement, This is relivant. If you buy on friday, on monday you will not actually have the shares. The trade settles on Wednesday. But you are on Record on Friday for buying or selling the stock, and therefore entitled to the split. Jim

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