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Re: Scotttrader80 post# 803

Monday, 03/25/2019 12:06:12 AM

Monday, March 25, 2019 12:06:12 AM

Post# of 1387
ST80, thanks for the info. I didn't realize it was called that. However, you wrote: "Hold it Until the afternoon of the day before the X date. Many times you'll exceed in sp appreciation what the original dividend is."

You're suggesting I sell it the day before the X date. If you want the dividend, one has to purchase shares at least one day before the X date. If you purchase shares ON the X date, you're out of luck. So, if I sold one day before the X Date, I would not receive a dividend because I have to actually have to have those shares ON the X date. Wouldn't I have to hold those shares until at least the X Date in order to receive those shares?

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