Wednesday, May 02, 2007 1:17:22 PM
If I sell before the ex divy date, I'm selling the right to the divy..the buyer is getting the right to the divy.
We will know in a few days lol.
"If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares."
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