(Total Views: 102)
Posted On: 01/28/2019 3:58:18 PM
Post# of 36568

Re: OrlandoJohn #1773
Orlando, it can be, and is, confusing. To be a holder of record on 1/30/19, your trade needs to be settled by 1/30/19. That means it needs to be settled on the close of 1/29/19, so that 1/30/19 you are the shareholder of record. The trading settlement is Trade date + 2 days. So the last day to buy was Friday 1/25/19 and today is ex div date. If you bought Friday 1/25/19, then the + 2 days is Tuesday 1/29/19.
Quote:
The Record Date for the determination of the holders of the Company’s common stock entitled to participate in the dividend will now be January 30, 2019. The dividend Payment Date remains February 25, 2019.
From that, one would think that if you buy the stock by January 30th, you are still able to participate in the payment of the dividend.


Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.