Sunday, February 25, 2007 6:52:06 PM
Companies advise NASD of their intentions. If the companies do so in a timely fashion according to Rule 10b-17 then NASD or Nasdaq set the ex dividend date, the payment date and the due bills redeemable date accordingly based on the record date the company wants.
If the company does not advise NASD at least 10 days before the proposed record date that date must be changed.
The only date the counts is Ex Dividend Date. Own before then you get the divvy or split, as of market open on Ex date the stock trades without the dividend or post split with price adjusted accordingly.
http://www.otcbb.com/OtherDailyList/
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