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Re: gosox12 post# 8836

Saturday, 03/04/2023 1:21:06 PM

Saturday, March 04, 2023 1:21:06 PM

Post# of 9467
Aandt is correct. There are 3 or 4 important things to keep in mind.

1) For dividends > 25% of the company value, the ex-date will be delayed until one day after the pay-date. This is a strict rule that all the exchanges have to follow including FINRA on OTC.

2) The ex-date determines who qualifies for the dividend. You have to hold until the ex-date in order to qualify.

3) FINRA will announce the dividend on the FINRA daily list. They will also announce the ex-date which is leading. (This could happen at any time, even past the pay-date).

(4) Best not to trade. There is always another exception to the rule. Simply wait for the dividend to end up in your account.

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