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Re: tommyh8484 post# 48899

Tuesday, 11/25/2014 5:56:22 PM

Tuesday, November 25, 2014 5:56:22 PM

Post# of 112682
From the PR:

The Ex-Dividend Date is therefore the close of trading today (11/25/2014). This is due to the logistics of the stock market as US Stock market trades settle T+3 (3 days for settlement of all trades). The last day to purchase mCig, Inc. shares and be recorded as a record owner before the record date (11/28/2014) is today.

The ex dividend date is actually the 29th of November is what they are saying based on the T+3. They have said it in an awkward way, that's all.

Capital one investing states the following in regards to settlement days counted:

Tip: Bank-only holidays like Columbus Day and Veterans Day aren't considered settlement days. To view a list of all market holidays, check out our Holiday and Trading Calendar.

Thanksgiving counts as a settlement day because it isn't just a bank holiday.

Shares bought today do get the dividend.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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