NSAV Holding Inc (NSAV)

[Major Profits]

Here:

https://www.fool.com/knowledge-center/does-the-settlement-date-have-to-occur-before-the.aspx

That would be straightforward if stock trades were instantaneous. However, stock exchanges still use rules that give brokers three business days to settle stock trades. That means that, if you make a stock trade to buy shares, they won't officially land in your account until three business days later, which is known as the settlement date.

As a result, one way to express the rule is that, in order to receive the dividend, your settlement date must happen on or before the record date the company has set for the dividend. If it's after, you won't receive the dividend.

$NSAV