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Alias Born 12/01/2016

Re: None

Thursday, 12/29/2016 8:19:54 AM

Thursday, December 29, 2016 8:19:54 AM

Post# of 2740
Something doesn't make sense, how can the ex-dividend date (4 Jan) be weeks AFTER the record date (20 Dec).? According to the SEC:

"Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date is usually set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend."

We should be able to trade at will and receive the dividend for shares held on the 20th. Am I missing something?

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