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Re: Mad Money Monkey post# 39142

Friday, 06/27/2014 12:02:29 AM

Friday, June 27, 2014 12:02:29 AM

Post# of 69953
It can all be slightly confusing, but basically, it is all saying the same thing.

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.



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