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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (20258)2/28/2000 1:17:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 63513
 
Junky,

Typical question. The short answer is you get the split shares.

The date of record is a bookkeeping issue - has nothing to do with investors. You can buy stock the day prior to the split and participate in the split.

OG



To: Junkyardawg who wrote (20258)2/28/2000 10:53:00 PM
From: John Pitera  Respond to of 63513
 
Dawg, a similar but circumstance that probably prompted your question concerns when a stock goes ex-dividend.

One must be a shareholder on the date that the stock goes ex-dividend to be able to receive the dividend, which is typically paid several weeks later.

So the date of holding is critical when considering dividend capture.

this may have led to a bit of uncertainty regarding the stock splits.

John