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Re: Jim Bishop post# 4011

Tuesday, 03/28/2006 2:59:39 PM

Tuesday, March 28, 2006 2:59:39 PM

Post# of 56764
March 15th was the EX dividend date. Did I have to buy before Friday the 10th of March to get the dividend (3 settlement days to make it for Tuesday March 14th)... MEANING IS THE EX DIVIDENT DATE THE TRADE DATE OR THE SETTLEMENT DATE?

From what I have been reading on this board it should be the TRADE DATE but when I do my taxes every year they consider the SETTLEMENT DATE for tax purposes.

So what is it? TRADE or SETTLEMENT date?
Thanx!