Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: J. Nelson who wrote (17577)	7/24/1999 5:25:00 PM
From: Russell Godwin	Read Replies (3) \| Respond to of 25548

Hi Jim: As per your example: Trade date: Friday April 30, 1999 Settlement date: Wednesday May 5, 1999 (trade date plus 3 business days) You miss the dividend regardless of it being stock or cash. On the other hand, if you informed your broker at the time of purchase that you wanted the order executed as a "cash" trade, and you had the ability to pay the trade in full (not margin), settlement would be after the close of business on the day the trade was completed. If done this way you could get the dividend even if you were to have bought the stock during the "normal" period between trade date and settlement. Russell