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Re: glenmorangie2 post# 4177

Wednesday, 11/29/2006 8:59:00 AM

Wednesday, November 29, 2006 8:59:00 AM

Post# of 49486
Sept 1st is the record date. All shares outstanding on this date will be eligible for the divy. If you own shares and hold them until after 12/18 you will get the divy. If you sell shares before 12/18 you sell the shares with the divy attached. Also if you buy shares before 12/18 you buy the shares with the divy attached. The thing I am confused about is why the paydate is 12/15/06, usually the paydate is 3 days after the x dividend date. So to be absolutly sure you get the divy you should buy on or before 12/15. Maybe someone else can clarify why the paydate is before the x dividend date.