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Microcap & Penny Stocks : MIDL .... A Real Sleeper
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To: Dusty who wrote (2124)7/9/1998 4:38:00 PM
From: Beverley Davies  Read Replies (1) of 7039
 
Dusty,

I'm late in catching up with reading these posts, but perhaps this has been cleared up. Sounds as though Sure Trade was wrong. For all dividends -- both cash and stock, AS WELL AS splits, there are four dates, three of which are key, and have been discussed on this thread.

Announcement or declaration date.
Record date.
Exdividend or exdistribution date (known as exdate in either case).
Payment date.

Keep in mind that when talking to order takers at these brokerage firms, you may be talking to someone who may have just finished high school, and who doesn't have a brokerage background. They may not even have a Series 7 licence which is the license that qualifies an individual as a registered representative.

Beverley
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