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just a hobby

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just a hobby

Re: agvik post# 19841

Saturday, 11/25/2006 3:54:35 PM

Saturday, November 25, 2006 3:54:35 PM

Post# of 38584
The ex-date...

is the first day you can sell your stock and keep the dividend... no matter when the payout date is.

Read this link for explanations as to the practices of determining the ex-date for a given type of dividend.


http://www.ex-dividend.com/howitworks.html


Hobby

PS. If this doesn't explain clearly enough, ask again...

It is important that everybody understand where they are at and what can happen. Would hate to see somebody miss out for lack of understanding.



The shortest distance between two points is a straight line... in the opposite direction. Caddyshack

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