InvestorsHub Logo

TEX

Followers 44
Posts 12731
Boards Moderated 2
Alias Born 04/15/2005

TEX

Re: slazenger7 post# 36629

Friday, 01/30/2009 10:33:56 AM

Friday, January 30, 2009 10:33:56 AM

Post# of 43413
Keep this in mind however, that selling now means you sell away the cash dividend rights.

That's not acurate: Technically, there is *no* (known) cash divvy; if one is published (on the Daily List), any trader can buy before the ex-date and have rights to the divvy, just as with this stock action. To be fair, though, sometimes r/s actions are published so late in the day that it's tough to get out in time to avoid the r/s.

So it's possible the same thing could happen with a cash divvy.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.