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Alias Born 08/19/2015

Re: None

Wednesday, 08/19/2015 11:08:06 AM

Wednesday, August 19, 2015 11:08:06 AM

Post# of 54894
This is from the SEC website:

If the dividend is 25% or more of the stock value, special rules apply to the determination of the ex-dividend date. In these cases, the ex-dividend date will be deferred until one business day after the "dividend is paid. In the above example, the ex-dividend date for a stock that’s paying a dividend equal to 25% or more of its value, is September 11, 2013."
.
http://www.sec.gov/answers/dividen.htm

so TD says yes, if you bought yesterday you get the div, and you can still sell it at any time.