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Re: chuck44l post# 13211

Friday, 03/30/2007 12:33:14 AM

Friday, March 30, 2007 12:33:14 AM

Post# of 37013
I hope you guys understand that owning tomorrow will definitely NOT get you any dividends. You either had to own on Tuesday, allowing for 3 days of settlement BEFORE the record date... or possibly, the ex-date could be set to the payment day, which will not be tomorrow or Monday, but probably in a few weeks. Tomorrow, the record date, is irrelevant to the dividend. I know it's confusing but these are the only two possible scenarios based on my experience.

I would say IMO but this is fact and I know how dividends work quite well. I just don't want people to hold IF the price starts heading down and not reap rewards.

Until the SEC and the company clarify the Ex-date, we won't know if the ex-date has passed, or is in the future.
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