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southacresdave

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southacresdave

Re: None

Tuesday, 12/26/2006 12:44:27 PM

Tuesday, December 26, 2006 12:44:27 PM

Post# of 173812
OT: Q for board on special dividend.....Since today is kind of a slow day, I'd appreciate it if someone could answer a question for me.

Hypothetical scenario: A company announces a special cash dividend payable to shareholders of record on January 5th, and then the dividend will be distributed on January 19th....if I own the stock on January 5th, but say sell it on the 10th, do I still get the dividend on the 19th?

Thanks in advance,

Dave
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