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Re: Risicare post# 18864

Friday, 06/13/2008 9:44:38 AM

Friday, June 13, 2008 9:44:38 AM

Post# of 41960
Well technially you are correct. A company sets the record date. Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. Being a pinkie, it may not work the same. I don't know.
You may also be correct that DPBE has not registered a record date. My understanding was the record date was June 1 and the x date was June 3. If that is not true it would be very disappointing.