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Re: HeedTheChief post# 48704

Tuesday, 11/25/2014 9:37:32 AM

Tuesday, November 25, 2014 9:37:32 AM

Post# of 112680
You are correct. I'm an investment broker and I have to explain this to my clients all the time.

Think about it this way... If you are looking at a calendar and you reach the ex date, it's too late. You have to purchase BEFORE the ex date to qualify for dividend. Think of the "ex date" as a big X meaning that you are EXEMPT from the dividend now.

My book of clients exceeds 2 billion dollars so you can trust my explanation is accurate
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