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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Eva who wrote (30860)5/14/2003 4:19:28 PM
From: Cogito Ergo Sum  Respond to of 36161
 
Hi Eva,
even though I added some more this morning? Nope, sorry :o)

for the next dividend you must have bought on or before the DAY BEFORE last EX-Dividend date.
So if Ex dividend date is April 15 then shares you bought (trade executed) on April 14 would qualify. Similarly if you sell (execute the trade) ON the ex-dividend date (April 15) you still get the dividend.
The 3 day closing rule is factored into the published EX-Div date. Lots of folks get these dates mixed up though and sometimes buying opportunities result ;o)

regards
Kastel