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Friday, June 27, 2014 12:02:29 AM
I pointed out the T+3 process beforehand to ensure everyone knew the potential risk while positioning themselves to get the dividend.
T+3 is simply Transaction date, + 3 business days.
(T+3)
This is the method I usually adhere to just airing on the side of caution, and also possibly getting a position at a better price.
Essentially, all the informational links in your posts are saying the same thing, buy before the ex-dividend date.
Since the "date of record" is the 30th of June, the ex-dividend date would be 2 "business days " prior to, which would be Thursday, June, 26th.
Since it is noted that you should purchase before the "ex-dividend" date to receive the dividend, this would indicate you should purchase Wednesday, June 25,2014 or before.
GL
WNTR
All opinions are.....opinions.
Mellymell2014@outlook.com
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